News

Blueprint to implement agricultural reforms underway

The Ministry of Agriculture, Forestry and Fisheries (MAFF) Tuesday held a meeting with specialists in natural resources and agriculture and representatives of the Asian Development Bank (ADB) as well as the officials from the Credit Guarantee Corporation of Cambodia (CGCC) to prepare a blueprint for ...

Mom Kunthear
https://www.khmertimeskh.com/501517086/blueprint-to-implement-agricultural-reforms-underway/

$30M credit guarantee scheme for rice inked

The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501487226/30m-credit-guarantee-scheme-for-rice-inked/

Increased loan access for SMEs

Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...

May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes

Credit guarantees to SMEs reach nearly $140 million

The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $139.5 million to businesses for their working capital expansion as of July 2023. ...

Chea Vanyuth
https://www.khmertimeskh.com/501346090/credit-guarantees-to-smes-reach-nearly-140-million/

MoU provides MSMEs with easier access to finance

Cambodia Chamber of Commerce (CCC) and Credit Guarantee Corporation of Cambodia (CGCC) has signed an agreement to increase access to guaranteed loans for the growth of micro-, small-, and medium-enterprises (MSMEs) in Cambodia. ...

Credit guarantees to SMEs reach $113 million

The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $113.6 million to businesses as their working capital for expansion in the first quarter of this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501278434/credit-guarantees-to-smes-reach-113-million/

CGCC gave $92m business loans in 2022

CGCC dished out more than $92 million in 985 business loans in 2022, providing a financial lifeline to companies battling against the impact of Covid-19 and global inflation. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-cgcc-gave-92m-business-loans-in-2022

SME Bank mulls unsecured loans for SMEs

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) plans to waive collateral requirements for new loans to qualifying local small- and medium-sized enterprises (SME) soon, to reduce the barriers and obstacles that limit their access to the necessary cash to fund ...

Hom Phanet
https://www.phnompenhpost.com/business/sme-bank-mulls-unsecured-loans-smes

Credit Guarantee Corporation of Cambodia launches $50 million Co-Financing Guarantee Scheme to support SMEs

Credit Guarantee Corporation of Cambodia (CGCC) announce the launch of the Co-Financing Guarantee Scheme (CFGS). CFGS is specifically designed for the co-financing loans disbursed under the SMEs Co-Financing Scheme Phase II (SCFS II) of the SME Bank of Cambodia. ...

Post Staff
https://www.phnompenhpost.com/business/credit-guarantee-corporation-cambodia-launches-50-million-co-financing-guarantee-scheme

Seven more financial institutions join CGCC

Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc

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