About Us
About Us
- VISION
- MISSION
We believe that we have a part to play in providing affordable and value-added banking services towards the development of Small and Medium Enterprises whilst exceeding the expectations of our employees, customers and other stakeholders. We aspire to achieve this by living up to our core values, “IPACE”.
We will ingrain integrity in our DNA to ensure a high level of trust and reputation in our business.
We will be professional by being accountable to all our stakeholders and responsible in discharging our duties.
We consider all employees as our core asset and will respect, value and actively engage them in all our business dealings.
As customers are the main purpose for our existence we will provide excellent and consistent customer experience.
We strive for operational excellence to ensure profitability, growth and sustainability for all our stakeholders.
CORPORATE STRUCTURE
- Board of Directors
History of H.E Dr. PHAN Phalla
H.E Dr. PHAN Phalla
Secretary of State of Ministry of Economy and Finance (Chairman of Board of Directors)
H.E. Dr. PHAN Phalla joined the Ministry of Economy and Finance and the Supreme National Economic Council in 2004. He has been actively involved in the development of the Financial Management Information System (FMIS) project, the Public Financial Management Reform Program (PFMRP), the preparation of national and sectoral strategies, revenue collection strategies, management and Macroeconomic analysis, development of strategic framework and programs to restore and promote Cambodia’s economic growth in living with COVID-19 in the new normal path for 2021-2023, etc.
He is currently a member of the Supreme National Economic Council, a board member of the Sihanoukville Autonomous Port, the Secretary-General of the Economic and Financial Policy Committee, the Secretary of State of the Ministry of Economy and Finance, and the Chairman of the Board of Small and Medium Enterprise Bank of Cambodia PLC. He holds a PhD of Economics from Australia.
Secretary of State of Ministry of Economy and Finance
(Chairman of Board of Directors)
History of H.E TEP Phiyorin
H.E TEP Phiyorin
Member of Board of Directors
H.E. TEP Phiyorin is currently the Under Secretary of State at the Ministry of Economy and Finance. In the past, he was the Director General of the General Department of Policy. He also served as an advisor to the Executive Director of the World Bank Group, based in Washington D.C. United States. He joined the Ministry of Economy and Finance in 1999 as a Budget Officer, and since then he has held several positions in the Ministry of Economy and Finance, including the Director of the Office of Macroeconomics, Deputy Head of Department, and Head of the Department of Economic Policy and Public Finance.
He holds a degree in Public Economics and Finance from the University of Birmingham in the United Kingdom and in Economics from the Kharkov State University of Economics in Ukraine. He is currently responsible for monitoring macroeconomic development, policy monitoring and analysis of development issues. He is also in charge of the macroeconomic framework, medium-term taxes, and advises on economics, finance and public management sector as well.
Member of Board of Directors
History of Mrs. CHHORN Dalis
Mrs. CHHORN Dalis
Member of Board of Directors
Mrs. CHHORN Dalis has been appointed as an Independent Board Member of the Small and Medium Enterprise Bank of Cambodia PLC in 2020. She has more than 20 years of experience as an accountant and leads small and medium enterprise in various fields, including agro-industry and clean water.
She holds a Master of Business Administration from the Asian Institute of Technology in Thailand and a Master of International Finance from Ceram Sophia Antipolis in France in 2002.
Member of Board of Directors
History of H.E CHAN Sokty
H.E CHAN Sokty
Member of Board of Directors
H.E. CHAN Sok Ty is currently the Royal Government of Cambodia Delegate in charge of the CEO of Green Trade Company of the Ministry of Commerce, with the same status as the Secretary of State and Board Member of Small and Medium Enterprise Bank of Cambodia PLC.
HE CHAN Sok Ty is a member of the Food Reserve System Management Committee of Cambodia (ប.ស.ប.ក), which is responsible for managing the Royal Government’s Food Reserve System.
HE Chan Sok Ty was also the Director General of Domestic Trade of the Ministry of Commerce; he has been the Director of Accelerating Inclusive Markets for Smallholders Project (AIMS).
His Excellency joined the Ministry of Commerce in 1997 as an Officer of the Laboratory Office of the General Department of CamControl, and since then he has also held various positions in the Ministry of Commerce, including: Chong Ty Deputy Branch Manager, Deputy Head of Department and Deputy Director General of the General Department of International Trade, Acting Director General of the General Department of Trade Promotion of the Ministry of Commerce.
H.E. CHAN Sok Ty graduated with a degree in Food Chemistry Engineering from the Institute of Technology of Cambodia and a Master’s Degree in Agriculture from the University of Tokyo, Japan.
Member of Board of Directors
History of H.E SON Senghout
H.E SON Senghuot
Member of Board of Directors
H.E. SON Senghuot is the Secretary of State of the Ministry of Industry, Science, Technology and Innovation, he has a lot of experiences, before 2013, he was a director of Phnom Penh Department of Industry, Mines and Energy. From 2013 to 2014, He was the Deputy Director General of the Department of Small and Medium Enterprise and Handicrafts at the Ministry of Industry and Handicraft. From 2014 to the present, He is the Secretary of State of the Ministry of Industry, Science, Technology and Innovation in charge of the General Department of Small and Medium Enterprise and Handicrafts and the Department of Industrial Affairs of the General Department of Industry.
His Excellency graduated from Vietnam in Small and Medium Enterprise Management Skills and One Village One Product Management Skills from Japan. He underwent short-term training courses on small and medium enterprise management from Singapore and Korea. He holds a Master’s Degree in Public Administration from Asia Europe University.
Member of Board of Directors
History of Dr.LIM Aun
Dr. LIM Aun
Chief Executive Officer / Member of Board of Directors
Dr. Lim Aun has more than 25 years of experience in the field of banking and international auditing companies. Before joining Small and Medium Enterprise Bank of Cambodia PLC from 1997 to 2021, he served as a Senior Auditor at KPMG in Cambodia and Malaysia, Deputy General Manager at Vattanac Bank and lastly, General Manager at Sathapana Bank.
He was appointed as General Director and Board Member of the Small and Medium Enterprise Bank of Cambodia PLC by the Royal Government in August 2021.
He holds a PhD in Business Administration from France.
Member of Board of Directors
History of Mr.NEAV Sokun
Mr. NEAV Sokun
Chief Operating Officer
Mr. NEAV Sokun has more than 20 years of experience in the banking and finance sector. He started his career in finance in 2003. He has held various senior positions including Branch Manager, Credit Executive and Branch Manager with some big Banks. In August 2021, he joined the Small and Medium Enterprise Bank of Cambodia PLC as a Chief Executive Operating Officer, responsible for managing the processes and operations of the Business Department, Operations Department, Marketing Department, Business Development Department, Administration, and branches.
He holds a Master’s degree in Business Administration from Norton University and a Bachelor of Arts in English from Build Bright University. He has also received certifications in management and leadership training from many countries, including Italy, India, and Vietnam.
Member of Board of Directors
Chairman's Statement
On behalf of Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank) and the Board of Directors, I am honored and pleased to provide you with the annual report of the bank for fiscal year 2022.
The growth of the global economy and trade remains at a slow pace despite the decrease in the COVID-19 spread. However, the war between Russia and Ukraine has prolonged, resulting in adverse impacts on the economy of the United States, EU, and Southeast Asian countries.
The Cambodian economy began to recover in 2021 due to the support of various sectors, but Cambodia is still facing a lot of obstacles in restoring its economy. Many SMEs has not yet properly operated since some owners have insufficient budget, resource, supporting products, capital and faced inflation. In this situation, the Royal Government of Cambodia has set out a number of policies and strategies to restore all sectors, such as the Cambodia Digital Economy and Society Policy Framework 2021-2035, the strategic framework and programs for economic recovery in the context of living with COVID-19 in a new normal 2021-2023.
SME Bank is a policy bank established under the wise leadership of Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, to support small and medium enterprises affected by COVID-19 and newly-established enterprises in need of financial and technical support. The Bank has launched a number of financing schemes to support small and medium enterprises to meet their needs by offering favourable terms and low-interest rates. As of the end of 2022, SME Bank has financed 231 small and medium enterprises (SMEs) through the direct financing, including 62 women entrepreneurs and 169 male entrepreneurs with a total loan amount of approximately USD 53.4 million and the loaning through co-financing with participating financial institutions, supporting a total of 3,037 enterprises, equivalent to a total amount of approximately USD 380 million.
In line with the policies and programs for economic recovery and to promote Cambodia’s economic growth in living with COVID-19 in the new normal for 2021-2023 of the Royal Government of Cambodia, SME Bank continues to implement and strive to promote the growth of all small and medium enterprises to contribute to the sustainable economic growth.
As the Chairman of the Board of Directors, I am very pleased to sincerely thank the relevant authorities for their tireless efforts to support the Bank’s growth and development. I would also like to sincerely thank our valued customers for their trust in SME Bank, even during the global epidemic. We are committed to being a trusted partner and continue to finance all enterprises that are still in need of finance to grow their business.
Secretary of State of
Ministry of Economy and Finance
(Chairman of Board of Directors)
- Executive Management
History of Dr.LIm Aun
Dr. LIM Aun
Chief Executive Officer / Member of Board of Directors
Dr. Lim Aun has more than 25 years of experience in the field of banking and international auditing companies. Before joining Small and Medium Enterprise Bank of Cambodia PLC from 1997 to 2021, he served as a Senior Auditor at KPMG in Cambodia and Malaysia, Deputy General Manager at Vattanac Bank and lastly, General Manager at Sathapana Bank.
He was appointed as General Director and Board Member of the Small and Medium Enterprise Bank of Cambodia PLC by the Royal Government in August 2021.
He holds a PhD in Business Administration from France.
Chief Executive Officer
History of Mr.DEN Davuth
Mr. DEN Davuth
Chief Technology Officer
Mr. Den Davuth started his career in 2005 with a local bank in Information Technology. He joined SME Bank of Cambodia in July 2021 with key responsibilities to execute Bank’s IT strategy, business process re-engineering initiatives, and strengthen IT governance and control.
In 2010 he was part of the pioneer group to set a bank, of the biggest regional banks in Cambodia, where he headed the Information Technology & Operations departments. From 2018-2019, he drove a project team to set up a new local bank’s IT and digital banking infrastructure. From 2020-2021, he was Chief Technology & Information Officer at Sathapana Bank.
Mr. Den Davuth graduated with a bachelor’s degree in Computer Science and Engineering from the Royal University of Phnom Penh in 2004, a bachelor’s degree in Public Communication from the Institute of Foreign Languages in 2009 and received his Management and Leadership Certificate from Nanyang Technological University in 2013.
Chief Technology Officer
History of Mr.OEUR Vibol
Mr. OEUR Vibol
Chief Risk Officer
Mr. OEUR Vibol has more than 17 years of experience in the banking sector. He started his career at one of the leading local banks in 2004 with several roles in accounting and finance. Since 2010, he has moved to work for one of the largest banks in the region as a participant in the establishment of the first bank, which can provide additional experience and professional experience in accounting, finance, and risk management as well as the last role as Director of Risk Analysis and Management with the main responsibility was to develop and implement risk management frameworks and policies to suit the operation and regulations.
In August 2020, he joined Small and Medium Enterprise Bank of Cambodia PLC as an Executive Director of Risk Management to oversee risk management functions, including credit risk, operational risk, liquidity risk and market risk.
In 2004, he graduated from the National University of Management with a degree in Accounting and Finance.
Chief Risk Officer
History of Mr.NEAV Sokun
Mr. NEAV Sokun
Chief Operating Officer
Mr. NEAV Sokun has more than 20 years of experience in the banking and finance sector. He started his career in finance in 2003. He has held various senior positions including Branch Manager, Credit Executive and Branch Manager with some big Banks. In August 2021, he joined the Small and Medium Enterprise Bank of Cambodia PLC as a Chief Executive Operating Officer, responsible for managing the processes and operations of the Business Department, Operations Department, Marketing Department, Business Development Department, Administration, and branches.
He holds a Master’s degree in Business Administration from Norton University and a Bachelor of Arts in English from Build Bright University. He has also received certifications in management and leadership training from many countries, including Italy, India, and Vietnam.
Chief Operating Officer
CEO'S Statement
Dear our valued customers and the public
Although the world has suffered from the epidemics and crisis that have caused adverse impacts on the global and Cambodian economy, Small and Medium Enterprise Bank of Cambodia Plc. (“SME Bank”) continues its mission to support the growth and development of small and medium enterprises in Cambodia. SME Bank remains committed to providing effective and efficient financing to business owners who support the priority sectors to contribute to the restoration and development of the Cambodian economy in line with the strategic framework and the programs for economic recovery and to promote Cambodia’s economic growth in living with COVID-19 in the new normal for 2021-2023.
In 2022, SME Bank continued to focus on widely expanding its distribution network, such as: (1). The Bank has relocated its head office to the “Business Development Centre” building of the Ministry of Economy and Finance, which is more spacious and has multiple institutions to support entrepreneurs technically and financially, and develop human resources, (2). SME Bank has officially operated two new branches, including Phsar Thmei and Battambang Provincial branch, to make it convenient for small and medium enterprise owners who need financial support, (3). SME Bank has also further developed a number of business partners, including business incubation associations, commercial banks, payment services providers, financial technology companies, local and international public institutions to expand the scope of services and move it closer to target customers. Furthermore, SME Bank has set out a specific plan for the modernization of information technology systems and the development of digital platform infrastructures to improve the customer service experiences more effectively and save time in line with the framework, Cambodia Digital Economy and Society Policy Framework 2021-2035.
To accelerate the financing, SME Bank has revised the definition of small and medium enterprises to suit current socio-economic developments and increased the maximum loan amount from USD 500,000 to USD 1,000,000 per customer. Furthermore, SME Bank has launched unsecured financing and overdraft schemes that offer additional options for target enterprises in accordance with their objectives and types of business.
As of 2022, SME Bank has achieved total assets of USD 281 million, representing an increase of USD 131 million from 2021, in which the total loan balance is USD 214 million. Meanwhile, in September 2022, SME Bank successfully completed the second phase of the SME Co-financing Scheme, supporting a total of 1,992 enterprises, equivalent to a total of USD 240 million (USD 120 million from the Royal Government of Cambodia through the Ministry of Economy and Finance and SME Bank, and the other USD 120 million from participating financial institutions). Furthermore, SME Bank has developed and launched a co-financing scheme to support and boost the recovery of the tourism sector with a total amount of USD 150 million (USD 75 million from the Royal Government of Cambodia through the Ministry of Economy and Finance and SME Bank, and the other USD75 million from participating financial institutions). As of December 2022, there were a total of 291 enterprises, using a total financing of USD 41.52 million, equivalent to 27.68% of the total budget.
The major strategic plans for the following year include: (1). Improve and develop products and services to meet the needs of target customers, (2). Continue to develop distribution networks such as branches, business partners, the development of digital platform technology infrastructures, which is an extensive connection point and gets closer to the target customers, (3). Develop human resources with sufficient knowledge and skills that ensure the work efficiency and transparency, and (4). Establish a better risk management system and culture.
All these achievements are made with the financial and technical support from the Ministry of Economy and Finance, as well as the cooperation of the competent authorities, in particular the National Bank of Cambodia, which is the supervisory institution. Furthermore, I would like to express my deep gratitude to our valued customers, Board of Directors, management and employees, as well as our business partners for always supporting SME Bank to achieve the results in accordance with the plan, particularly in 2022.
Chief Executive Officer
- Middle Management
Mr. SUON Sisowath
Head, Financial Reporting and Planning
Mr. KUOCH Phally
Head, Operations
Mr. SAO Rithy
Head, Business Relationship
Mr. CHHENG Kakada
Head, Infrastructure
Mr. PHON Veasna
Head, Marketing
Mr. TORNG Putthy
Head, Human Resource
Ms. NOUV Sotheary
Head, Credit
Mr. IEM Sokha
Manager, Compliance
Ms. VOEURNG Sarika
Head, Legal and Company Secretary
Ms. NOUN Sovanarat
Manager, Procurement, and Personal Assistant to CEO
Ms. CHHUO Thavry
Head, Internal Audit
