Skip to main content

Cambodia banking conference 2025 spotlights digital innovation, sustainability, and inclusive growth

 

The Association of Banks in Cambodia (ABC), with support from the National Bank of Cambodia (NBC) and the ASEAN Bankers Association (ABA), held its 4th Cambodia Banking Conference on Aug. 19–20, 2025, in Phnom Penh under the theme “Unlocking Inclusive Growth: Digital Innovation and Sustainability.” The event gathered over 800 participants, including ASEAN bankers, policymakers, international organisations, and financial experts. Discussions focused on leveraging fintech, digital currencies, ESG banking, and green finance to drive inclusive and sustainable growth. Speakers from NBC, ABC, and ABA stressed the importance of collaboration across government, private sector, and international partners, while highlighting priorities such as expanding digital infrastructure, improving financial literacy, strengthening consumer protection, and mobilising sustainable financing. The conference aligned with Cambodia’s National Financial Inclusion Strategies and broader digital economy goals. (Summarized by ChatGpt.com)

Read full article. 

Comments

Post a Comment

Popular posts from this blog

NBC report strong uptake of Bakong digital transfer system

  The National Bank of Cambodia (NBC) reported a surge in the use of its Bakong digital payment system in 2024, with over 600 million transactions recorded. Payments in Cambodian riel saw a 334% increase (299 million transactions), while those in US dollars grew by 133% (308 million transactions). The total transaction value reached $150.8 billion , equivalent to 330% of Cambodia’s GDP . The Bakong system , introduced in October 2020 , has significantly improved transaction efficiency, supporting government services , tax collection , and public payments . NBC Governor Chea Serey highlighted its role in boosting economic participation, enhancing cross-border transactions, and supporting Cambodia’s Digital Government Policy (2022-2035) . The system, now used by 69 financial institutions , saw 642,500 new users in 2024 , a 7% increase from 2023 . The number of bank and e-wallet accounts capable of Bakong transactions reached 30 million , exceeding Cambodia’s population by 1.6...
Post a Comment
Read more

Cambodia, Malaysia launch phase 2 of cross-border QR payment system

Read full article The National Bank of Cambodia (NBC) and Bank Negara Malaysia (BNM) officially launched Phase 2 of their cross-border QR payment system on April 8 , aiming to improve digital payment options for citizens of both countries. The launch took place during the ASEAN Finance Ministers’ and Central Bank Governors’ Meetings in Kuala Lumpur. The system enables Malaysians to scan Cambodian QR codes using their mobile banking apps , and vice versa for Cambodians in Malaysia , promoting faster and more convenient payments . Over seven million local merchants in both countries stand to benefit from increased cross-border transactions. NBC Governor Chea Serey highlighted three major impacts: Tourism – frictionless payments for travelers, Financial inclusion – connecting SMEs and individuals to wider markets, Regional integration – contributing to ASEAN’s digital connectivity goals. BNM Governor Dato’ Seri Abdul Rasheed Ghaffour emphasized that the initiative a...
Post a Comment
Read more

NBC ink MoU for Japanese cross-border QR payments

  The National Bank of Cambodia (NBC) and the Payments Japan Association (PJA) signed a memorandum of understanding (MoU) to establish cross-border QR code payments between Cambodia’s KHQR and Japan’s JPQR systems. The cooperation will happen in two phases: Phase 1: Cambodians using local banking apps can scan JPQR codes in Japan. Phase 2: Japanese nationals can scan KHQR codes in Cambodia. ACLEDA Bank and Sathapana Bank are Cambodia’s liaison banks, while NETSTARS is the QR operator on Japan’s side. The initiative aims to: Simplify and secure cross-border payments, Boost tourism and reduce the need for cash exchanges, Support businesses with faster and more efficient transactions, Strengthen trade, investment, and economic ties between the two countries. The agreement builds on a broader cooperation framework signed between Cambodia and Japan in December 2023 . Phase 1 of the system will launch in early 2025 , aligned with the Osaka-Kansai Expo , wit...
Post a Comment
Read more