Phnom Penh, July 1, 2026 – The Asian Development Bank (ADB) collaborate with SME Bank hosted launch ceremony of the “Energy Efficiency Revolving Fund (EERF)”. The event was presided over by H.E. Dr. PHAN Phalla, Secretary of State of the Ministry of Economy and Finance and Chairman of the Board of Directors of SME Bank, together with H.E. Dr. Ty Norin, Secretary of State of the Ministry of Mines and Energy. Representatives from ADB, the British Embassy in Cambodia, government agencies, participating financial institutions, development partners, and the private sector also attended.
The EERF has an initial capitalization of USD 20 million, complemented by USD 2.5 million in loan guarantees. Its primary objective is to expand access to financing for SMEs investing in technologies and equipment that improve energy efficiency, thereby contributing to enhanced productivity and sustainable enterprise growth. Loan disbursement under the fund will be facilitated by CIMB Bank and FTB Bank, with SME Bank serving as the implementing agency.
The fund offers SMEs favorable financing conditions, including a maximum interest rate of 5.5% per annum, a loan tenor of up to 10 years, and eligibility for investments in energy-efficient equipment and facilities. In addition, the EERF places strong emphasis on supporting women-owned or women-led enterprises, with a target of allocating at least 30% of total loan volume to such businesses. All beneficiaries are required to adhere to social and environmental protection principles, ensuring that investments contribute positively to sustainable development.
