Our Newsletter Issue 08 covers the guarantee progress, activities, and events in the 3rd Quarter of 2023, from July to September 2023, especially the credit guarantee progress and PFIs survey, the sharing from a business owner who received a loan guaranteed by CGCC, and the understanding guarantee management system of CGCC, as well as other important contents. Please enjoy reading!

In this Factsheet, you can find out about the latest data of CGCC credit guarantees provided to businesses from April 2021 to 30 September 2023.

As of end of September 2023, CGCC has supported 1762 businesses by providing credit guarantees for their loan applications, amounting to 149.04 Million USD equivalent.

Co-Financing Guarantee Scheme for Tourism (CFGS-TR) is a sub-credit guarantee scheme under the Co-Financing Guarantee Scheme (CFGS) offered by the CGCC to Participating Financial Institutions (PFIs) on the loans lent out under the Tourism Recovery Co-Financing Scheme (TRCS) of SME Bank of Cambodia.

CGCC launched the Women Entrepreneurs Guarantee Scheme (WEGS) in April 2022, aiming to narrow the gap between the supply and demand for financing by providing a higher guaranteed coverage of 80% and a lower guarantee fee for all sectors with favorable credit guarantee features.