Total Budget of SME Co-financing Scheme II Increased to USD 140 million

December 21, 2022

Total Budget of SME Co-financing Scheme II Increased to USD 140 million

Due to excessive credit demand from Small and Medium Enterprises (SMEs) and to align with economic recovery plan initiated by Royal Government of Cambodia, SME Bank of Cambodia alongside Participated Financial Institution (PFIs) have decided to provision an additional budget of USD 40 million for SME Co-financing Scheme II (SCFS II), which adds up to USD 140 million.

It should be noted that the Royal Government of Cambodia, through the SME Bank has launched the SCFS II since August 16, 2021 in collaboration with 28 Participated Financial Institutions (PFIs) to support SMEs in Cambodia. As of 30th November, we have been offering financial support to 790 SMEs accounting for USD 99.8 million in loan amount, almost reaching 100% of our initial reserved fund of USD 100 million.

Therefore, SMEs are encouraged to approach any PFIs for loan application under SCFS II, if needed.

For more information, please reach out to us at:

Office address: No 30, St. Pasteur (51) corner St. Prey Nokor (126), Sangkat Phsar Thmei Ti Muoy, Khan Doun Penh, Phnom Penh, Cambodia.

Hotline: 096 811 1118

Email: info@smebankcambodia.com.kh

Website: www.smebankcambodia.com.kh

Online request: https://forms.office.com/r/sABjYrVXe7

Coping with COVID: How the SME Bank helps

The delegation from SME Bank of Cambodia paid a visit to the Policy Research Institute (PRI), the Ministry of Finance, Japan; and the Micro Business and Individual Unit, Japan Finance Corporation (JFC-Micro)

On May 20,2024, in Tokyo, H.E Dr. PHAN Phalla, Secretary of State of the Ministry of Economy and Finance and Chairman of the Board of Directors of SME Bank of Cambodia presided over and led the delegates that included the Board of Directors, and the senior management of the Bank. The delegation paid a visit to the Policy Research Institute (PRI), the Ministry of Finance, Japan; and the Micro Business and Individual Unit, Japan Finance Corporation (JFC-Micro).

SME Bank and Advance Digital World Trade Co.,ltd. organized the Seminar on “SME Access to Finance for Developing Global Market”

On Wednesday, 14th March 2023, SME Bank and Advance Digital World Trade Co.,ltd. organized the Seminar on "SME Access to Finance for Developing Global Market" with the objective to share and develop SMEs to access financing

More SMEs look to SCFS for loans

Cambodia Digital & Automation Scheme (CDAS)

The CDAS is extended to young entrepreneurs and SME businesses engaging in digital and automation. CDAS is envisaged to assist viable SMEs affected by the economic challenges during this period for better accessibility to financing at a reasonable cost.