The Credit Guarantee Corporation of Cambodia (CGCC) unveiled the Portfolio Guarantee Scheme (PGS) at the CGCC annual seminar on the ‘Role of Credit Guarantee Schemes in SMEs Development in Cambodia and ASEAN’, here on Tuesday. The scheme was launched by Mey Vann, high representative of Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and […]
Credit Guarantee Corporation of Cambodia Plc (CGCC) has issued a total of 985 Letters of Guarantee (LG) for loans worth $92.7 million as of December 31 after more than two years of operation, as part of its mission to support post-Covid-19 economic recovery, especially among small- and medium-sized enterprises (SME). These numbers were disclosed by […]
(Phnom Penh, 07 December 2022): Credit Guarantee Corporation of Cambodia (CGCC) and CIMB Bank officially announced the partnership with the signing ceremony of the Credit Guarantee Agreement to provide guaranteed loans to support micro, small and medium enterprises (MSMEs) in Cambodia for business expansion, investment, and/or working capital. The partnership between CGCC, a state-owned enterprise, […]
Read & Download Full Article in PDF: 5 important things SMEs should understand to apply for guaranteed loans! Credit guarantee aims to support businesses, especially SMEs, access to formal loans. Under CGCC’s current schemes, CGCC provides credit guarantees on loans disbursed by banks and microfinance institutions that are the participating financial institutions (PFIs) to the borrowers. To […]
On 01 September 2022, Ministry of Economy and Finance and CGCC organized a Dissemination Seminar on “Guaranteed Loans to support SMEs Development in Tourism Sector” in Kampot Province, in collaboration with the Ministry of Tourism, through the provincial department of tourism, and SME bank, which was participated by more than 50 business owners in the […]
On 16 June 2022, Mr. Wong Keet Loong, Chief Executive Officer of CGCC, participated as a panelist in the Women Entrepreneurs Forum on “Access to Finance and Markets for Women’s Business Growth”. Mr. Wong has shared the participation of CGCC in supporting financial inclusion for women entrepreneurs, especially in assisting them to get guaranteed loans. […]
From Article in the Khmer language Published on Thmey Thmey: សាជីវកម្មធានាឥណទានកម្ពុជា បង្ហាញពីការត្រៀមខ្លួន ដើម្បីទទួលបាននូវឥណទានដែលមានការធានា Credit guarantee aims to support businesses, especially SMEs, access to formal loans. Under CGCC’s current schemes, CGCC provides credit guarantees on loans disbursed by banks and microfinance institutions that are the participating financial institutions (PFIs) to the borrowers. To reap the benefits […]
Credit Guarantee Corporation of Cambodia (CGCC) and Chip Mong Bank Plc. officially announce the partnership in the signing ceremony on Credit Guarantee Agreement on January 13, 2022 at Chip Mong Bak Touk Center, to provide guaranteed loans to businesses especially SMEs who lack of collaterals for their businesses’ working capital and investment. Mr. John Bell, […]
As of November 30, the state-owned Credit Guarantee Corporation of Cambodia Plc (CGCC) has issued a total of 1,880 Letters of Guarantee (LG) for loans worth $159.69 million. The guarantees were in support of small- and medium-sized enterprises (SMEs) affected by the Covid-19 pandemic. According to figures released on December 22, the total of outstanding […]
CGCC and Canadia Bank, one of CGCC’s Participated Financial Institutions (PFIs), with the coordination from the Biogas Technology and Information Center (BTIC), conducted the field visit on 24 May 2022, to a farm raising fattening pigs that has a potential of getting loans guaranteed by CGCC in Samaki Mean Chey district, Kampong Chhnang Province. This […]
