CGCC

Newsletter Issue 06

Our Newsletter Issue 06 covers the guarantee progress, activities, and events from January to March 2023, especially the Portfolio Guarantee Scheme (PGS) launch, an interview with LOLC’s CEO, and an article about understanding about Portfolio Guarantee Scheme of CGCC, as well as other important contents.

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CGCC Guarantee Progress as of 30 April 2023

In this Factsheet, you can find out about the latest data of CGCC credit guarantees provided to businesses from April 2021 to 30 April 2023.
As of 30 April 2023, CGCC has supported 1367 businesses by providing credit guarantees for their loan applications, amounting to 120.2 Million USD equivalent.

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Support the Recovery of Tourism Sector

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.

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Support Women-Owned SME

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.

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Provide credit guarantee on business loans

The Business Recovery Guarantee Scheme (BRGS) is the first credit guarantee scheme offered by CGCC. BRGS aims to support businesses including Micro, Small and Medium Enterprises (SMEs) and Large Firms to enhance their access to formal loans for both working capital and investment or business expansion.

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