Supporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ program

10/Apr/2023

Supporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ programSupporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ program
Supporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ programSupporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ program
Supporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ programSupporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ program
Supporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ programSupporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ program
Supporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ programSupporting​ young​ entrepreneurs​ and​ SMEs​ through​ Access​ to​ Finance​ program

ABA​ Bank​ became​ a​ Diamond​ Sponsor​ of​ the​ Access​ to​ Finance​ Program​ (AFP)​ 2023​ to​ promote​ financial​ literacy​ and​ financial​ inclusion​ among​ young​ entrepreneurs​ and​ SMEs​ via​ training​ programs​ and​ loan​ application​ facilitation.​

The​ program​ is​ organized​ by​ the​ Young​ Entrepreneurs​ Association​ of​ Cambodia​ (YEAC),​ a​ non-profit​ organization​ that​ supports​ the​ development​ of​ young​ entrepreneurs​ and​ SMEs​ in​ Cambodia,​ in​ partnership​ with​ the​ Association​ of​ Banks​ in​ Cambodia​ (ABC)​ and​ the​ Cambodian​ Microfinance​ Association​ (CMA).​

To​ kick​ off​ the​ program,​ YEAC​ organized​ the​ first​ CEO​ Gathering​ under​ the​ theme​ “Access​ to​ Finance:​ Preparing​ for​ Stock​ Exchange​ and​ Capital​ Market​ and​ Debt​ Financing​ Program”​ to​ share​ recent​ development​ of​ policy,​ programs,​ and​ news​ about​ the​ entrepreneurial​ ecosystem​ in​ Cambodia.

The​ event​ was​ praised​ by​ the​ delegations​ of​ the​ National​ Bank​ of​ Cambodia,​ Khmer​ Enterprise,​ the​ Young​ Entrepreneurs​ Association​ of​ Cambodia,​ and​ other​ honorable​ guests​ held​ on​ 31​ March​ 2023.​

To​ support​ the​ event,​ ABA​ Bank’s​ Chief​ Small​ Business​ Loan​ Officer​ Chanrith​ Sar​ participated​ in​ a​ panel​ discussion​ on​ “Preparing​ for​ Debt​ Financing”.

“ABA​ Bank​ is​ honored​ to​ be​ Diamond​ Sponsor​ of​ the​ program​ and​ have​ the​ opportunity​ to​ share​ the​ Bank’s​ professional​ expertise​ on​ debt​ financing​ and​ help​ equip​ business​ owners​ with​ the​ knowledge​ and​ tools​ they​ need​ to​ succeed,”​ said​ Chanrith​ Sar.

“At​ ABA​ Bank,​ we​ are​ committed​ to​ supporting​ the​ growth​ and​ development​ of​ small​ businesses​ in​ Cambodia​ and​ are​ delighted​ to​ be​ a​ part​ of​ this​ great​ initiative,"​ he​ added.