On 16 June 2025, at the office of Federation of Associations for Small and Medium Enterprise of Cambodia (FASMEC), a signing Tripartite Memorandum of Understanding (MOU) ceremony was held between Credit Guarantee Corporation of Cambodia (CGCC), Small and Medium Enterprise Bank of Cambodia (SME Bank), and Federation of Associations for SMEs of Cambodia (FASMEC). The ceremony was presided over by  Oknha Te Taing Por, the chairman of board director of FASMEC, Mr. No Lida, CEO of CGCC, Mr. Chea Sophak, CEO of SME bank, and was attended by the members of the Board of Directors of FASMEC, management, and staff of the three institutions, a total of approximately 30 people.

This MOU aims to promote the development of SMEs through CGCC’s guarantee on loans provided by SME Bank to FASMEC members. This collaboration will enhance access to essential financing for companies/businesses, particularly in the priority sector and members of FASMEC, by addressing collateral challenges. It also paves the way for collaborative efforts among three institutions to build SME capacity and improve financial literacy.

The signing ceremony concludes with a fruitful outcome that supports the SME ecosystem, aligning with the Royal Government’s Pentagon Strategy by providing opportunities to expand domestic production with improved quality, productivity, and global competitiveness.