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Prince Bank participates in SME Co-Financing Scheme 2020

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Prince Bank participates in SME Co-Financing Scheme 2020

Prince Bank has joined with the Royal Government of Cambodia to provide SME loans by partnering with the newly created Small and Medium Enterprise Bank of Cambodia (SME Bank).

This to serve as a source of financing for SMEs under its SME Co-Financing Scheme 2020.

The SME Co-Financing Scheme 2020 (SCFS) provides SME loans for capital expenditure and working capital with a special interest rate of 7 per cent per annum, and for a maximum term of four years.

For SMEs that do not qualify under the SCFS program. They can still work with Prince Bank and apply for a business loan.

Content image - Phnom Penh Post

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