The Cambodia Microfinance Association (CMA) has reaffirmed its commitment to supporting the NBC-UN multi-stakeholder consultation process on the microfinance sector in Cambodia, led by the National Bank of Cambodia (NBC) and the UN in Cambodia.
The association emphasised its role in promoting responsible financial services, strengthening consumer protection and ensuring the long-term sustainability of the financial sector.
This commitment was demonstrated during the 3rd NBC-UN High-Level Multi-Stakeholders Convening on Microfinance, held on September 9, and the Cambodia Responsible Investor event, held in Phnom Penh on September 10.
The consultation process brought together key stakeholders, including regulators, financial institutions, investors, development partners and civil society representatives, to address both opportunities and challenges in Cambodia’s microfinance landscape.
According to the CMA, the initiative aimed to foster inclusive dialogue among key actors, build a shared understanding of systemic challenges, and identify practical, forward-looking solutions to strengthen the bank and financial sector.
“This consultation process is a milestone for Cambodia’s financial sector. The CMA is committed to ensuring that microfinance continues to be a force for economic empowerment, poverty reduction and inclusive growth,” said CMA chair Dith Nita.
“We welcome investors and partners who share our vision of a sustainable, responsible and resilient financial system,” she added.
She called on domestic and international investors in the financial sector to support the ongoing initiative by investing in responsible initiative that prioritise both financial returns and positive social impacts.
“Investor confidence is vital to maintain the stability and growth of Cambodia’s financial system. Together, we can ensure access to finance that empower communities and strengthens Cambodia’s economy,” she continued.
