Canadia Bank sponsors Global SME Finance Forum 2022 hosted for first time in Cambodia

Canadia Bank, one of Cambodia's oldest and leading commercial banks, sponsors the Global SME Finance Forum 2022, which takes place from 19th to 21st September in Phnom Penh. Cambodia hosts this global forum for the first time. The 9th Global SME Finance Forum is an international event organized by the International Finance Corporation (IFC) and co-hosted by the National Bank of Cambodia that aims to expand access to finance for SMEs globally. The Forum brings together financial institutions, fintech companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of the SMEs. This year's forum focuses on the power of digital transformation to promote inclusive, sustainable, and responsible SME financing. As one of Cambodia's largest SME loan providers, Canadia Bank has always considered the SME business segment as an important business segment and continues to support the Government-led initiatives for SME business in Cambodia. In May 2021, Canadia Bank was one of the first banks to participate in the Business Recovery Guarantee Scheme (BRGS) led by the Credit Guarantee Corporation of Cambodia (CGCC) under Cambodia's government initiative to support the recovery of SMEs in various sectors during- and post-pandemic. Canadia Bank has also participated and is one of the leading lenders in SME Bank of Cambodia's Co-Financing Schemes I and II that allow viable SMEs to have an access to affordable and adequate financing in a sustainable manner.Canadia Bank is a leading local and full-service commercial bank in Cambodia since 1991. (Source: Khmer Times)