National
Cambodia's Microfinance Reform Gains Momentum as 16 of 22 Priority Actions Completed
PHNOM PENH, August 28, 2026 – Cambodia's microfinance sector continues to advance toward greater responsibility and inclusion, with 16 of 22 priority actions now completed following the Fourth High-Level Multi-Stakeholder Convening co-organized by the National Bank of Cambodia (NBC) and the United Nations.
The meeting, held on August 20, brought together 110 stakeholders from government, regulatory bodies, financial institutions, civil society, and development partners to assess progress since the inaugural convening in July 2024.
Key Achievements
Significant strides have been made across five strategic areas. In regulation and supervision, the Code of Conduct is now being enforced with independent oversight, and a Sectoral Fund Pool has been established to support financial literacy and debt counselling. Borrower protection has been strengthened through the operationalization of the Financial Consumer Protection Center (FCPC) and closer collaboration with the National Authority for Alternative Dispute Resolution (NAADR).
A hybrid credit data-sharing architecture is being developed for the non-bank financial sector, while efforts to combat informal lending have been reinforced through enhanced coordination with the Ministry of Interior. Agricultural insurance has also been introduced, with early success in rice farming communities encouraging broader adoption.
Looking Ahead
The remaining six priority actions are being actively pursued, with stakeholders committed to maintaining momentum. The next High-Level Multi-Stakeholder Consultation is scheduled for June 2027.
— Source: National Bank of Cambodia / United Nations
