FTB, CGCC and MAFF Partnership to Develop Modern Farming Community

Phnom Penh, 10 July 2025 — Foreign Trade Bank of Cambodia (FTB), the Ministry of Agriculture, Forestry and Fisheries (MAFF), and the Credit Guarantee Corporation of Cambodia (CGCC) have signed a Memorandum of Understanding (MoU) aimed at advancing business efficiency, promoting sustainable agricultural practices, and enhancing access to credit and guarantees for the development of modern farming communities.

The signing ceremony was presided over by H.E. Dith Tina, Minister of Agriculture, Forestry and Fisheries, and H.E. Chou Vannak, Board Member of FTB, with distinguished attendance from the management and teams of FTB and CGCC.

“ This milestone reflects the continued efforts of the Ministry of Agriculture, in close collaboration with strategic partners, to advance Cambodia’s agricultural sector, promoting food security, fostering economic resilience, and upholding environmental sustainability—guided by the philosophy: ‘Where there is food, there is use; where there is availability, there is eternity.”, said H.E. Dith Tina, Minister of Agriculture, Forestry and Fisheries.

“ Modern farming communities are a good solution to help farmers obtain loan capital for targeted production, ensure reliable supply in terms of both quality and volume, benefit from comprehensive support by the Ministry of Agriculture, enhance resilience to market fluctuations and climate-related risks, and streamline operational management, aim to improve people’s livelihoods, generate sustainable profit, and achieve economies of scale. ”, he added.

“FTB proudly stands ready to actively participate in, enhance, and facilitate the credit implementation process in support of the 7th-mandate Royal Government of Cambodia’s strategic policy program, aims to develop modern farming communities through large-scale, collective agricultural production by transitioning from traditional family-based agriculture to a strong, highly integrated agricultural economic enterprise, integration, and with economies of scale, strengthened competitiveness in both quantity and quality.”, said Mr. Dith Sochal, Chief Executive Officer of FTB.

“It is noteworthy that the development farming communities play a significant role in enhancing agricultural productivity to meet both domestic consumption needs and export demands. FTB has launched a strategic financing initiative—an agricultural loan package exceeding USD 10 million, providing low-interest loans to modern farming communities to empower them to expand into new markets, strengthen operational efficiency, adopt sustainable practices, and actively contribute to the long-term growth of Cambodia’s agricultural sector.”, he continued.

Through this partnership agreement, FTB is committed to providing financing solutions that bringing positive results in the agricultural sector in Cambodia by expanding access to formal financial services, leading to positive results and better outcomes as expected, under the shadow of peace and security, as well as supporting small and medium enterprises—particularly modern farming communities, in developing the agricultural sector and promoting greater financial inclusion nationwide.

About FTB: As the first commercial bank in Cambodia, a truly local bank trusted since 1979, FTB has played crucial roles in helping to promote and develop the local market and economy through relentlessly providing wide ranges of banking products and services to local customers. As of 2024, the total assets increased to US$2.281 Billion, total loan portfolio of US$ 1.339 Billion and total deposit of over US$ 1.933 Billion. FTB is committed to continually helping local customers to achieve further growth, prosperity and steadily forging ahead with the vision to be the preferred commercial bank in Cambodia.