Financial Sector, ILO Launch Financial Literacy Certification Programme

PHNOM PENH, May 18, 2026 (KPT) — Banks and microfinance institutions have joined forces with the International Labour Organization (ILO) to launch a financial education certification programme designed to strengthen financial literacy and promote responsible financial behaviour nationwide, officials said Monday.

The initiative was unveiled by the Association of Banks in Cambodia (ABC), the Cambodia Microfinance Association (CMA) and the ILO as part of broader efforts to improve financial inclusion and prepare citizens for the country’s rapidly evolving digital financial landscape.

ABC chairman Rath Sophoan said financial literacy was essential for helping people make informed decisions, manage debt responsibly, protect themselves from fraud and build long‑term resilience. He stressed that as digital services expand, banks and financial institutions must play a stronger role in educating citizens on responsible financial management.

The programme will certify trainers and practitioners to expand financial awareness in workplaces, communities and institutions. Sophoan said the network of qualified educators would help spread knowledge nationwide, ensuring citizens are better equipped to navigate new financial products and services.

Froukje Boele, Country Programme Manager for ILO–Better Factories Cambodia, said financial education was not only about access but also about using services effectively to improve security and opportunity. She emphasised that stronger financial capability can help people manage uncertainty, improve economic security and access better work opportunities.

The ILO noted its global programme has reached more than 225,000 disadvantaged people in 58 countries since 2006. In Cambodia, it has supported garment workers, migrants, microfinance clients and vulnerable families, helping strengthen resilience and inclusive growth.