Washington D.C., July 12, 2022 – SME Bank of Cambodia joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“When we started in 2012, we were in an exploratory phase for the first few years. Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome the SME Bank of Cambodia to further grow our mission.” said Matthew Gamser, CEO of the SME Finance Forum.
SME Bank of Cambodia was officially licensed as a commercial bank by the National Bank of Cambodia (the “NBC”) in 2020. With the technical and financial guidance of the Ministry of Economic and Finance and the supervision of NBC, the bank’s strategic mission is to provide financing and commercial banking services in an effective and sustainable manner to support local SMEs, in order to increase economic diversification and expand export volumes.
"By joining the SME Finance Forum, we hope to promote and grow SMEs financing in Cambodia, especially to receive training for the management level in the bank” said Dr. Lim Aun Chief Executive Officer of SME Bank of Cambodia.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. The Forum operates a global membership network of +240 members that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
To see all SME Finance Forum Members, please visit: https://www.smefinanceforum.org/members/member-list
About SME Bank of Cambodia
State-owned and policy bank licensed by National Bank of Cambodia (the “NBC”) in 2020. With the technical and financial guidance of the Ministry of Economic and Finance, the bank’s strategic mission is to provide financing and commercial banking services in an effective and sustainable manner to support local SMEs, in order to increase economic diversification and expand export volumes.
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