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

SME Bank of Cambodia celebrated the groundbreaking ceremony of the Funan Techo Canal project with a drum-beating event

On the morning of Monday, August 5, 2024, SME Bank of Cambodia and the Business Development Center (BDC) jointly celebrated the groundbreaking ceremony of the Funan Techo Canal project with a drum-beating event.

Cambodia Women Entrepreneurs Scheme (CWES)

The CWES is to assist viable SMEs owned by women that are impacted by the economic challenges during this period. With CWES, we hope to provide women SME entrepreneurs better access to financing at a reasonable cost.

SME Bank Sponsors the Final of “Digital Platform Accelerator Cohort 2”

On June 22nd, 2023, SME Bank of Cambodia represented by Dr. Lim Aun, CEO, is honored to co-sponsor the “Digital Platform Accelerator Cohort 2” which organized by...

Memorandum of Understanding (MoU) between SME Bank of Cambodia and The General Department of SMEs and Handicrafts of the Ministry of Industry, Science, Technology and Innovation (MISTI)

On June 27, 2024, SME Bank of Cambodia and The General Department of SMEs and Handicrafts of the Ministry of Industry, Science, Technology and Innovation (MISTI) signed a Memorandum of Understanding (MoU).

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.

SME Bank of Cambodia convened its 2024 Annual General Meeting under the theme of “Grow Strong, Grow Right”

On the Saturday morning of 24 February 2024, SME Bank of Cambodia convened its 2024 Annual General Meeting under the theme of “Grow Strong, Grow Right” at Sokha Siem Reap Resort & Convention Center in Siem Reap province.