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

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