Financial Institution Code News Today

A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June.

Prominent market players have affirmed that they are on board with the Banking and Financial Institutions' Code of Conduct (BFI CoC) and associated Lending Guidelines, as well as their underlying objective to drive trust and professionalism in the field

Three associations have teamed up to promote financial inclusion through innovative technological solutions, capacity building and a flourishing fintech ecosystem for the benefit of the industry and Cambodians.

Two financial institution associations have responded to a joint complaint filed by civil rights groups to the International Finance Corporation’s (IFC) Compliance Advisor Ombudsman (CAO) over the failings of its independent accountability mechanism, that they say have led to “destroyed lives and wrecked communities”.

The Ministry of Post and Telecommunications and the Cambodian Association of Finance and Technology (CAFT) have joined hands to increase cooperation on the promotion of digital technology and facilitate more effective communication in the banking and financial sector.

Three finance industry associations have jointly developed a new code of conduct aimed at ensuring transparency, building trust and strengthening customer protection in the Kingdom’s banking and finance sector.

Three finance industry associations have jointly developed a new code of conduct aimed at ensuring transparency, building trust and strengthening customer protection in the Kingdom’s banking and finance sector.