SME Bank has participated in the “Gathering with Young Cambodia Entrepreneurs.”

On 25th February 2023, Dr. Lim Aun, CEO of SME Bank has participated in the “Gathering with Young Cambodia Entrepreneurs” under the high presidency of Lt. Gen. Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army, and participating from more than 600 distinguished guests from Ministries, Institutions, Young Entrepreneurs Association of Cambodia, Cambodia Women Entrepreneurs Association, entrepreneurs, business owners and stakeholders in the ecosystem of entrepreneurship.
This event aims to build and strengthen the ecosystem of entrepreneurship by providing a conducive environment for establishing and enhancing relationships, sharing knowledge, and exchanging experiences.
SME Bank is honored to co-sponsor this gathering to enable entrepreneurs, business owners, and all participants get more entrepreneurship’s knowledge, government policies, knowledge on starting and expanding businesses, and the opportunities to enhance more networks in the entrepreneurial ecosystem.

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The Cambodian financial market is developing rapidly and approaching the saturation stage. However, most commercial banks and MFIs are introducing both cash-flow and collateral-based lending. In general, they required real-estate property such as land and/or building to be served as collateral. According to the feedback from the market, some small and medium enterprises (SMEs) are not able to get loans from banks or MFIs due to collateral requirements.
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.