CGCC visits PFIs provincial branches in Kampong Speu, Preah Sihannouk and Koh Kong to Enhance Collaboration on the Credit Guarantee

From 09 to 13 December 2024, CGCC team led by Mr. Yun Phan, Director of Strategy and Business Development of CGCC, visited provincial branches of selected Participating Financial Institutions (PFIs) to discuss with the management and staff of the selected PFIs regarding the implementation of CGCC’s credit guarantee schemes and to increase more awareness of the credit guarantee. The selected PFIs in 3 provinces include:

– Kampong Speu:  Canadia Bank, Prince Bank & LOLC MFI.

–Preah Sihanouk: FTB Bank, ABA Bank, and Prince Bank

– Koh Kong: Acleda Bank, LOLC MFI & ABA Bank

The discussions with CGCC PFIs’ provincial branches in these 3 potential provinces provided opportunities for both CGCC and PFIs to enhance mutual understanding of credit guarantees and opportunities for PFIs to increase lending to potential borrowers that lack collateral when requesting loans.