USD 10 m
Sector: Financial Services
Financial instrument: Fixed Income Securities / Debt
Financial intermediary: Acleda Bank
The subordinated nature of the SIFEM loan allows ACLEDA to access a type of long-term financing that is still scarce in the country and helps the bank strengthen its capital base. The loan provided by SIFEM will be fully earmarked to ACLEDA’s financing activities with SMEs, which in turn play a major role in Cambodia by creating jobs and generating income, supplying low-cost goods and services, and participating in research and innovation.