The sector efforts which has been initiated and lead by Cambodia Microfinance Association (CMA) and Association of Bank in Cambodia (ABC) with support from the National Bank of Cambodia (NBC) in strengthening Responsible Inclusive Finance in alignment to the National Financial Inclusion Strategies 2019- 2025, contributing to the achievements of the Financial Sector Development Strategy 2016 - 2025 as following:

The objectives of this codes are: The rules of governing key terms of Standard Loan Contract are in the following: a) To promote effective, reliable, accountable and responsible banking and financial practices by setting business operation standards for the Banking and Financial Institutions to follow and execute b) To increase transparency so that Consumers can have a better understanding of what they can reasonably expect from the services provided. c) To build a fair and professional relationship between Consumers and the Banking and Financial Institutions based on the principles of equity and equality. d) To foster confidence in the banking and financial system; and e) To encourage a corporate culture of fair dealing and competition This code applies to all members of the Association of Banks in Cambodia, Cambodia Microfinance Association, and Cambodia Association Fintech & Technology. These codes of conduct covered 21 standards for BFI and Fintech company to follow. More details, please download from the following link:

Initiated by the Cambodia Microfinance Association LG has been developed with support from international partners and investors. LG has been extended to whole Banking and Financial Sector on the 1st January 2022 after it has spent one full in 2021 to develop that both CMA Board and ABC Council approved the widen healthy practice to ensure the sustainability of the financial sector through including LG as the annex of the Banking and Financial Institutions Code of Conduct.

The SPTF and CMA have been engaging extensively since 2020. This engagement has included the inclusion of adherence to the Cerise+SPTF CP Pathway in Cambodia’s BFI Code of Conduct (CoC), and supporting the CMA to develop a Cambodia Responsible Inclusive Finance (RIF) framework.