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Loan Co-Financing Scheme to Support and Boost the Recovery of Tourism Sector
June 16, 2022
On June 16, 2022, ACLEDA Bank signed a MoU on the implementation of the Co-Financing Scheme to Support and Boost the Recovery of Tourism Sector, with the participation of 50% from SME Bank of Cambodia and 50% from banks and financial institutions.
This scheme aims to provide financing to tourism business owners including hotel, guesthouse, restaurant, food and beverage supplies, and other supply of products/services that support the tourism sector who need loan to support their business re-opening, improvement, and expansion.
- Loan size: up to USD600,000 or equivalent in KHR.
- Interest rate: max. 6.50% per annum.
- Loan period: up to 8 years.
- Loan fee and other fees: none.
- Grace Period up to 24 months (payment interest only).
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