Welcome! Vattanac Bank Becomes Paticipating Financial Institution on Tourism Recovery Co-Financing Scheme (TRCS)

On 24th February 2023, Dr. LIM Aun, Chief Executive Officer of SME Bank of Cambodia, and Mr. Anthony Chin Min Khong, Chief Executive Officer of Vattanac Bank signed a Memorandum of Understanding to implement the Tourism Recovery Co-Financing Scheme (TRCS) in order to provide financing to SMEs in the tourism sector for recovering and reopening their business.

 

Therefore, business owners in the tourism sector can apply for financing under TRCS through Vattanac Bank from the date notice.

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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).