Washington, D.C., September 16th, 2019 – Camko became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

“200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have Camko join our network of more than 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum. 

Camko was established in 2007 as a Korean bank and has since expanded operations to service Cambodia. The bank’s vision is to provide simple financial solutions to SMEs through leveraging channel distribution and innovative technology to provide excellent customer service at affordable costs.

“We are looking forward to merging our network with the global network of the SME Finance Forum. Having access to webinars and peer networking events will allow us to build relationships with these industry leaders and stay updated with new developments and related policy issues of global SME finance,” said Ponloeu Chhan, Chief Business Officer of Camko. 

To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list

About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. 

About Camko

Camko Specialized Bank Plc. was one of the Korean own banks, established in 2007. In 2018, the bank was 100% acquired by Daun Penh Land Co., Ltd. Currently, the bank is operating the only loan product and expect to upgrade and expand its operation to the next level in the coming years.

Media Contact
Carina Carrasco
ccarrasco@worldbank.org