SME Bank of Cambodia conducted its ‘Strategy Workshop 2024-2026’

December 17, 2023

SME Bank of Cambodia conducted its ‘Strategy Workshop 2024-2026’

Phnom Penh, December 14, 2023 – SME Bank of Cambodia conducted its ‘Strategy Workshop 2024-2026’ at Rosewood Phnom Penh. The meeting was presided over by His Excellency Dr. Phan Phalla, Secretary of State of the Ministry of Economy and Finance and Chairman of the Board of Directors and attended by all board members, the chief executive officer, and the management team of SME Bank of Cambodia.

The purpose of meeting was to deliberate on the progress of work execution, update business plans, and formulate policies to address challenges to improve the effectiveness and quality of bank operation.

Tourism Recovery Co-Financing Scheme (TRCS)

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.

Cambodia Micro Entrepreneurs Scheme (CMES)

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.

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

SME Bank of Cambodia organized a Team Building and CSR event under the theme: “Small Wheels, Big Heart – Cycling with SME Bank,”

In Siem Reap, on 23 February 2024, SME Bank of Cambodia organized a Team Building and CSR event under the theme: “Small Wheels, Big Heart – Cycling with SME Bank,” a cycling activity at the Angkor Wat temple.