Chinanews.com, Phnom Penh, November 6 (Reporter Ouyang Kaiyu) The Cambodian Ministry of Information announced on the 6th that the Cambodian Small and Medium Enterprise Bank officially launched a trial operation this month and provided a full range of financial services, including financing and receiving for small and medium enterprises. Public deposit service.
The Ministry of Information of Cambodia quoted the Small and Medium Enterprise Bank as saying that the bank was established under the government's policy of promoting and supporting small and medium enterprises in order to promote sustainable growth, industrial diversification and strengthening the foundation of economic growth for Cambodian small and medium enterprises.
According to the news, the SME Bank provides preferential loans, consulting services and technical support to five priority areas, namely food processing industry; daily necessities manufacturing, recycling and tourism product manufacturing; parts manufacturing; R&D and information technology industry; Small and medium-sized industrial settlements and enterprises in the special zone.
The Cambodian Small and Medium Enterprise Bank stated that the bank has launched a joint financing plan and a Cambodian small and medium enterprise financing project to provide financing to eligible small and medium enterprises; the bank also plans to increase financing projects, including plans to launch a financing project for Cambodian women entrepreneurs And digital and modern financing projects for SMEs.
In addition to providing products and credit services to small and medium enterprises, the Cambodian Small and Medium Enterprise Bank will also provide deposit services to the public, including savings accounts, children's accounts, retirement accounts, current accounts, and time deposits.
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