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Siem Reap tourism vendor loans to be more accessible in 2024 khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
81% Cambodian firms affected by Covid-19, Census report says khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
Only $54M of SME Bank's $150M tourism loans taken phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
SME Bank disburses $54M loans to tourism related biz khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
A total of $53.46 million in loans have been disbursed to 346 tourism-linked businesses through state-owned Small and Medium Enterprise Bank of Cambodia Plc’s (SME Bank) $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of April 30, since the loans began to be offered in July.
Swedfund International AB on March 27 announced that it has committed $10 million to ASEAN Frontier Markets Fund LP (AFMF) to shore up smaller businesses, job creation and development, as well as to promote high ESG (environmental, social and governance) standards, financial inclusion, gender equality and climate resilience in Cambodia and Laos.
PRASAC Microfinance Institution Plc, which has a corporate bond listed on the Cambodia Securities Exchange (CSX), reported sound business performance last year, which has been interpreted by some as a reflection of the upbeat pace of post-Covid-19 recovery in local economic activities.
Two financial institutions with corporate bonds listed on the local bourse reported relatively sound business performance in the last quarter of 2022, seen as a reflection of improvements in macroeconomic conditions.
The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has prepared an additional sum of more than $220 million to loan to the Kingdom’s smaller businesses and give them a better shot at sustainability, to expand and boost economic growth in the post-Covid-19 era.
The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed more than $432 million in loans to at least 3,260 SMEs, to keep them from going under during the height of the Covid-19 crisis, and subsequently to help them reopen and expand post-pandemic, according to its CEO, Lim Aun.