CGCC

CGCC Participates in the Interim Report and Workshop Under the Knowledge Sharing Program (KSP) organized by KODIT

On 27 March 2025, under the cooperation between Korea Credit Guarantee Fund (KODIT) and Credit Guarantee Corporation of Cambodia (CGCC), and as a part of mission to Seoul, Republic of Korea, Ms. Lim Chanthida, Director of Centralized Operations of CGCC, alongside Ms. San Sokrina, Manager of Product Development and Cooperation of CGCC and other four CGCC team members, together with one representative from the General Department of Policy of the Ministry of Economy and Finance, and another representative from the Non-Banking Financial Services Authority, participated in the interim report and workshop under the Knowledge Sharing Program (KSP) organized by KODIT.

This interim report and workshop were conducted to share the research findings conducted by KODIT’s expertise in collaboration with our designated local consultant in Cambodia. The purpose was to gather opinions on the future direction of the research and facilitate a discussion along with a Q&A session related to the research topic for CGCC’s development.

A Site Visit to Selected Enterprises and Industry Zone in Korea

On 26 March 2025, Credit Guarantee Corporation of Cambodia (CGCC) delegate, led by Ms. Lim Chanthida, Director of Centralized Operations of CGCC, alongside Ms. San Sokrina, Manager of Product Development and Cooperation of CGCC, and other four CGCC team members, together with one representative from the General Department of Policy of the Ministry of Economy and Finance, and a representative from the Non-Banking Financial Services Authority, conducted a site visit to selected enterprises and industry zone in Korea, organized and coordinated by KODIT.

This site visit was organized to provide an opportunity for the CGCC team and delegates to learn about the business operations and production flow processes of the selected enterprises and industrial zones to gain experience and input for the development of CGCC and the credit guarantee mechanism in Cambodia, aimed at providing support to SMEs and the national economy.

CGCC Participates in a Training Organized by KODIT in Seoul, Republic of Korea

From 24 to 28 March 2025, under the cooperation between Korea Credit Guarantee Fund (KODIT) and Credit Guarantee Corporation of Cambodia (CGCC), Ms. Lim Chanthida, Director of Centralized Operations of CGCC, alongside Ms. San Sokrina, Manager of Product Development  and Cooperation of CGCC and other four CGCC team members, together with one representative from the General Department of Policy of the Ministry of Economy and Finance, and another representative from the Non-Banking Financial Services Authority, participated in a training program organized by KODIT in Seoul, Republic of Korea.

This training program focused on KODIT’s overview, credit Investigation, on-site Investigation, indemnity risk management, lecturing on credit information, KODIT Startup Support Program, risk management system, and the development finance for SMEs. This training program provided an opportunity for the CGCC team and other participants to gain​​ insights into experiences, new knowledge, best practices, and innovative credit guarantee mechanisms to strengthen the efficiency of CGCC’s credit guarantees, particularly in enhancing the credit analysis, improving risk management, and developing credit guarantee schemes to support the growth and development of SMEs in Cambodia

CGCC Attended and Shared the Credit Guarantee Mechanism in the Training Course on “Access to Financing” in Kampong Speu and Kampot

On 05 March 2025, at Department of Industry, Science, Technology and Innovation of Kamping Speu Province, and on 27 March 2025 at Department of Industry, Science, Technology and Innovation of Kampot, Ms. Kem Chanthavy, Deputy Manager of Relationship Management and Communications, and Mr. Se Kimveasna, Senior Executive of Marketing and Communication of Credit Guarantee Corporation Cambodia (CGCC), attended and shared the credit guarantee mechanism in the training course on “Access to Financing” for SMEs organized by Federation of Associations for SMEs of Cambodia (FASMEC) and Mekong Inclusive Ventures (MiV), with financial support from the Skill Development Fund (SDF).

This training was presided over by Oknha Bandit Chhin Ken, Vice Chairman of the Board of Directors of FASMEC and H.E. Chan Silsocheat, President of FASMEC Kampot Provincial Branch representative of Oknha Te Taing Por, Chairman of the Board of Directors of FASMEC, and certificates were presented to over 100 business owners who participated.

During the training course, Ms Kem Chanthavy and Mr. Se Kimveasna also delivered a presentation on “Financial Inclusion” where he shared the CGCC’s credit guarantee mechanism with the participants to improve the financial inclusion and develop the growth of SMEs in Cambodia.

This training program is also organized in cooperation with CGCC, SME Bank of Cambodia, and Canadia Bank, aiming to provide training knowledge and facilitate the acquisition of financing for small and medium-sized enterprises (SMEs) to utilize the credit effectively and efficiently for the right purposes that drive SMEs in Cambodia to achieve sustainability growth, which in turn contributes to national economic growth and creates more  revenues and jobs in Cambodia.

Agreement Signing Ceremony on Post-Harvest Fisheries Guarantee Scheme Between CGCC and FTB Bank

On 21 March 2025, Credit Guarantee Corporation of Cambodia (CGCC) and Foreign Trade Bank of Cambodia (FTB) co-organized an agreement signing ceremony on “Post-Harvest Fisheries Guarantee Scheme (PFGS)” with honorable attendance from Management and team of CGCC, FTB, and representatives of United Nations Industrial Development Organization (UNIDO Cambodia), to announce the official expanded partnership in providing guaranteed loans by CGCC through FTB to post-harvest fishery businesses and relevant suppliers.

PFGS is developed as a scheme for the Value Chain Investment Support Facility (ISF), a joint project under CAPFISH-Capture: Post-harvest Fisheries Development Project, jointly implemented by the Fisheries Administration and the UNIDO Cambodia, co-funded by the European Union, and having CGCC as the fund manager.  Post-harvest fisheries enterprises and relevant suppliers can apply for support from the ISF on Technical Assistance (TA) for upgrading business operations and improving food safety practices, ISF Grant funds to procure Eligible Equipment to introduce innovations and optimize the business operations, and business loans guaranteed by CGCC from Participating Financial Institutions (PFIs) of CGCC such as FTB that has entered in this agreement on PFGS with CGCC.

Mr. No Lida, Chief Executive Officer of CGCC, said, “CGCC is delighted to have FTB as a​ new Participating Financial Institution (PFI) in the Investment Support Facility (ISF) project. The participation of FTB will improve the efficient implementation of the ISF in response to the demand of the post-harvest fishery enterprises for access to financing support and guaranteed loans necessary to increase competitiveness, productivity, and standard of production of the potential post-harvest fishery enterprises in Cambodia.”

Mr. Dith Sochal, Chief Executive Officer of FTB Bank said “Our two institutions are committed to strengthening and expanding our collaboration with the shared goal of driving innovation, enhancing efficiency, and optimizing business operations for enterprises in the post-harvest fisheries sector, domestic suppliers, and exporters to international markets. This agreement also reflects the strong partnership and active engagement between FTB and CGCC since 2021, with the expectation of successful and sustained comprehensive cooperation between the two institutions.”

Through this PFGS agreement, CGCC and FTB are committed to supporting post-harvest fishery enterprises and input suppliers in increasing productivity, improving food safety compliance and quality standards of fishery products, reaching new markets, including international markets, and improving businesses in a more efficient, sustainable, and inclusive way.

For post-harvest fisheries enterprises, apply for ISF now! Limited funding is available on a first-come, first-served basis.

For more information about the ISF and the application process, visit: https://www.cgcc.com.kh/en/post-harvest-fishery-guarantee-scheme/

Email: [email protected]

 

About FTB: As the first commercial bank in Cambodia, a truly local bank trusted since 1979, FTB has played crucial roles in helping to promote and develop the local market and economy through relentlessly providing wide ranges of banking products and services to local customers. As of 2024, the total assets increased to US$2.28 Billion, total loan portfolio of US$ 1.34 Billion and total deposit of over US$ 1.93 Billion. FTB is committed to continually helping local customers to achieve further growth, prosperity and steadily forging ahead with the vision to be the preferred commercial bank in Cambodia.

 

About CGCC: CGCC is a state-owned enterprise established by the Sub-Decree of the Royal Government of Cambodia in September 2020 under the technical and financial guidance of the Ministry of Economy and Finance (MEF). CGCC’s main mission is to provide credit guarantees to improve financial inclusion and support the development of small and medium enterprises. As of the end of February 2025, CGCC approved 3,979 guaranteed accounts, amounting to 274.14 million USD equivalent.

 

 

CGCC’s Site Visit to a Private Water Operator in Battambang Province

On 7th March 2025, Credit Guarantee Corporation of Cambodia (CGCC), led by Ms. San Sokrina, Manager of Product Development and Cooperation of CGCC, and colleagues, conducted a site visit to a private water operator in Battambang province.

The purpose of the site visit was to gain insights into the business operations of the private water operator, understand and identify challenges in obtaining necessary financing for CGCC to be able to gain more input in initiating more support for improving the assessment to finance of this targeted business sector.

CGCC Participated in the 2nd Charity Event Under the Theme “Give Blood, Save Lives” with Business Development Center and the National Blood Transfusion Center

“Donating blood is like giving hope and a second life to those in need.”
On 14th March 2025, at the Business Development Center, CGCC staff were pleased to participate with the Business Development Center and the National Blood Transfusion Center again this year in the 2nd charity event under the theme “Give Blood, Save Lives” with the aim of donating blood to save the lives of victims who are in need.

CGCC’s Site Visit to Post-Harvest Fisheries Enterprises in Battambang and Siem Reap

From 07 to 08 March 2025, Credit Guarantee Corporation of Cambodia (CGCC) led by Mr. No Lida, CEO of CGCC, Ms. San Sokrina, Manager of Product Development and Cooperation, Mr. Pong Leang Oun, UNIDO’s National Private Sector Development Coordinator, and colleagues conducted a site visit to two post-harvest fisheries enterprises in Battambang and Siem Reap provinces who received support under the Investment Support Facility (ISF), a joint project under CAPFISH-Capture: Post-harvest Fisheries Development Project jointly implemented by the Fisheries Administration and the UNIDO Cambodia, co-funded by the European Union, and having CGCC as a fund manager.

These site visits were specially organized to gain a deeper understanding of post-harvest fishery enterprises and business operations through conducting a facility spot check and engage in in-depth interviews with those 2 enterprise owners, we aimed to uncover best practices, identify opportunities for growth, and strengthen the industry’s overall impact.

Dissemination Workshop on “Investment Support Facility (ISF)” in Siem Reap Province

On 8th March 2025, Credit Guarantee Corporation of Cambodia (CGCC) and the CAPFISH-Capture of the United Nations Industrial Development Organization (UNIDO Cambodia) co-organized a workshop on “Investment Support Facility (ISF)” for SMEs/enterprises in the post-harvest fisheries sector in Siem Reap Province.

This workshop is designed to share the Application Process of the Investment Support Facility (ISF), a joint project under CAPFISH-Capture: Post-harvest Fisheries Development Project jointly implemented by the Fisheries Administration and the UNIDO Cambodia, co-funded by the European Union, and having CGCC as a fund manager.

The workshop was led by Mr. No Lida, CEO of CGCC, Ms. San Sokrina, Manager of Product Development and Cooperation, Mr. Pong Leang Oun, UNIDO’s National Private Sector Development Coordinator, with the participation of the representative of the Fisheries Administration, management and staff of Participating Financial Institutions (PFIs) including ACLEDA Bank, Maybank Cambodia, and Foreign Trade Bank of Cambodia (FTB),  and SMEs in the post-harvest fisheries sector in total approximately 40 participants.

The workshop was also a forum for stakeholders to learn more about the needs of business owners in the post-harvest fisheries sector in obtaining guaranteed loans and investment funds to develop their businesses, especially in response to the lack of collateral.

Dissemination Workshop on “Investment Support Facility (ISF)” in Battambang Province

On 6th March 2025, Credit Guarantee Corporation of Cambodia (CGCC) and the CAPFISH-Capture of the United Nations Industrial Development Organization (UNIDO Cambodia) co-organized a workshop on “Investment Support Facility (ISF)” for SMEs/enterprises in the post-harvest fisheries sector in Battambang Province.

This Seminar is designed to share the Application Process of the Investment Support Facility (ISF), a joint project under CAPFISH-Capture: Post-harvest Fisheries Development Project jointly implemented by the Fisheries Administration and the UNIDO Cambodia, co-funded by the European Union, and having CGCC as a fund manager.

The workshop was led by Ms. San Sokrina, Manager of Product Development and Cooperation, Mr. Pong Leang Oun, UNIDO’s National Private Sector Development Coordinator, with the participation of the representative of the Fisheries Administration, management and staff of Participating Financial Institutions (PFIs) including ACLEDA Bank, Maybank Cambodia, and Foreign Trade Bank of Cambodia (FTB),  and SMEs in the post-harvest fisheries sector in total approximately 40 participants.

The workshop was also a forum for stakeholders to learn more about the needs of business owners in the post-harvest fisheries sector in obtaining guaranteed loans and investment funds to develop their businesses, especially in response to the lack of collateral