The president and group managing director of ACLEDA Bank Plc., Dr. In Channy has announced that the bank has reserved nearly $600 million for lending to the small and medium enterprises (SMEs) sector in Cambodia in 2021.
Speaking to reporters following ACLEDA’s Strategic Implementation Year 2021 meeting in Siem Reap, Dr. In Channy said that credit for SMEs was affordable last year and the bank would continue supporting SMEs this year.
He added that besides its direct lending programmes to SMEs, ACLEDA bank also participated with the SME Bank of Cambodia in the SME Co-Financial Scheme (SCFS).