According to the bank website, 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).
Phnom Penh Commercial Bank
Heng Chantha, Director
N217, Norodom Blvd, Monivong Tonle Bassac, Khan Chamkamorn, Phnom Penh, Cambodia
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/