Workshop on “the Role of Banking Sector and FinTech in Digital Economy in Cambodia.”

Phnom Penh: On September 22nd, 2022 at Hyatt Regency Phnom Penh Hotel, the Digital Economy and Business Committee and the National Bank of Cambodia co-organized the Workshop on "The Role of Banking Sector and FinTech in Digital Economy in Cambodia". This Workshop was attended by high-ranking officials of the Ministry of Economy and Finance, Digital Economy and Business Committee, National Bank of Cambodia, members of the working group on drafting Cambodia’s FinTech Development Policy, associations, and financial institutions. There were 90 participants attending physically and 110 participants attending virtually. The Workshop aimed to (1) disseminate the government's policies, laws, and regulations on digitalization and the banking sector as well as its recent development, (2) identify the current trends, challenges, and opportunities of digitalization in the banking sector in Cambodia, and (3) gather input from different stakeholders in the banking sector for drafting Cambodia FinTech Development Policy.

The Workshop proceeded smoothly and achieved the expected outputs, with interactive and lively discussions among presenters, panelists, and participants with the spirit of sharing and engagement. Through the discussions and sharing of concepts, innovative ideas, and experiences from stakeholders, the Digital Economy and Business Committee received valuable input to develop an effective and holistic foundation​ for Cambodia's FinTech Development Policy.