In October 2022, OeEB signed a subordinated credit line in the amount of USD 15 million to Sathapana Bank Plc. The funds will be used to finance micro, small and medium-sized enterprises (MSMEs). In addition, the funds shall contribute to strengthen the bank's balance sheet.

Project name Sathapana Bank Plc.
Region Southern and Eastern Asia
Sector Financial Sector / Mikrofinance / SME 
Service Investment Finance
Project Country Cambodia
OeEB project volume USD 15 million
International climate finance according to UNFCCC No
Additionality Financial additionality 
Projekt partner(s) Sathapana Bank Plc.

Sathapana Bank is the fifth largest commercial bank in Cambodia in terms of total assets. Through its evolution from a microfinance institution to a commercial bank, Sathapana has an extensive branch network of 170 branches throughout the country, through which the bank provides access to financing primarily to MSMEs. Around 50% of the bank's borrowers are women.

Despite of its economic growth in recent years, Cambodia is still one of the least developed countries (LDCs) in the world. MSMEs make a significant contribution to the Cambodian Economy, providing more than 70% of the employment and more than 50% of the annual GDP. 

OeEB’s credit line shall contribute to improving access to finance for MSMEs, thereby also contributing to local economic development and job creation.