PROJECT

Projects

Summary of Investment Information

Project Number

40973

Company Name

PPCB RSF

Date SPI Disclosed

Apr 16, 2019

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

May 24, 2019

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Sep 17, 2022

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Jun 6, 2019
Signed : Jun 7, 2019

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed investment consists of an unfunded 50:50 risk sharing facility (RSF) for a portfolio of up to US$30 million to Phnom Penh Commercial Bank (“PPCBank” or “the Bank”) in Cambodia, and IDA country. The investment aims to help the Bank scale up its lending to local very small enterprises (VSEs) and small and medium enterprises (SMEs).                                                   

Associated Advisory Engagement

The proposed investment will be complemented by an advisory program to support PPCBank on reporting and operational implementation of the RSF and to enhance PPCBank’s capacity in SME banking operation. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation