Cambodia is taking another decisive step toward a more inclusive economy with the launch of a new National Financial Inclusion Strategy for 2026 to 2030, led by the National Bank of Cambodia in collaboration with the Asian Development Bank and the UN Capital Development Fund. Announced in Phnom Penh on April 23, the strategy signals a clear commitment to making financial services more accessible, practical, and resilient for people and businesses across the country, reinforcing Cambodia’s broader economic ambitions.
Building on Progress and National Priorities
Officials highlighted that this updated strategy is not starting from scratch but building on meaningful progress made in recent years. During a technical working group meeting, leaders emphasized that the new framework aligns closely with Cambodia’s long term development direction, including the government’s Pentagonal Strategy and its financial sector development roadmap for 2025 to 2030. Deputy Governor Yem Lat noted that the initiative reflects both continuity and ambition, aiming to deepen the impact of earlier reforms while adapting to new economic realities and opportunities.
Five Key Pillars to Drive Inclusion
At the heart of the strategy is a focused framework built around five priority areas designed to address gaps and unlock growth. These include advancing financial inclusion for women, expanding digital financial services, strengthening financial literacy and consumer protection, promoting sustainable finance, and ensuring better access for persons with disabilities. To turn these priorities into real outcomes, dedicated technical working groups will bring together government institutions, private sector players, non governmental organizations, and development partners in a coordinated effort.
Expanding Access for Growth and Resilience
The broader goal is clear: ensure that households and businesses can access the right financial tools to support their growth and stability. Cambodia has already seen encouraging results from its first financial inclusion strategy launched in 2019, which increased the use of formal financial services from 59 percent to 70 percent and helped narrow the gender gap. With this new phase, the central bank aims to build on that momentum, further strengthening financial inclusion while improving the overall financial well being of its citizens.
Conclusion
Cambodia’s new National Financial Inclusion Strategy represents a forward looking approach to economic development, one that prioritizes access, equity, and sustainability. By focusing on practical solutions and collaborative implementation, the country is positioning itself to create a more inclusive financial ecosystem that supports long term growth and resilience for all segments of society.