Discussion Meeting with The Association of Banks in Cambodia and Cambodian Microfinance Association on Co-Financing Guarantee Scheme
August 11, 2021Events and Activities
On August 11, 2021, the Credit Guarantee Corporation of Cambodia (CGCC) together with the Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) held a joint discussion on the Co-financing Guarantee Scheme. The discussion was attended by more than 99 stakeholders, members of the ABC and CMA, and stakeholders in the financial sector.
CGCC is a state-owned enterprise, established under the technical and financial guidance of the Ministry of Economy and Finance (MEF), and on 29 March 2021, CGCC launched the first credit guarantee scheme, the Business Recovery Guarantee Scheme (BRGS) to provide credit guarantees on loans to businesses for working capital, investment and business expansion.
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