CGCC and CHIEF BANK Officially Signed Agreements on a Wholesale Guarantee Scheme (WGS) and the Economic Stimulus Guarantee Scheme (ESGS)

On 20 May 2026 at the CGCC office, Credit Guarantee Corporation of Cambodia (CGCC) and CHIEF BANK officially signed agreements on a Wholesale Guarantee Scheme (WGS) and the Economic Stimulus Guarantee Scheme (ESGS). The agreements were signed by Mr. No Lida, Chief Executive Officer of CGCC, and Dr. Lim Aun, Chief Executive Officer of Chief Bank, in the presence of management and representatives from both organizations.

Through this partnership, Chief Bank has become a participating financial institution of CGCC, enabling the Bank to expand financing under CGCC guarantee schemes to potential businesses, particularly SMEs and MSMEs facing collateral constraints when applying for bank loans.

WGS and ESGS will support Chief Bank in expanding access to finance for businesses facing collateral constraints, while contributing to private sector development and Cambodia’s economic resilience.