Synopsis: The partnership will help mobilise capital and promote financial instruments that support long-term economic growth.
The Cambodia Association of Securities Firms (CASF) and the Credit Guarantee Corporation of Cambodia (CGCC) signed a memorandum of understanding (MoU) to deepen cooperation in the securities market, boost investor confidence and expand access to sustainable financing to support long-term economic development.
The MoU, signed by Iv Ranarith, Chairman of CASF, and No Lida, Chief Executive Officer of CGCC, was witnessed by Sou Socheat, Delegate of the Royal Government in charge as Director General of the Securities and Exchange Regulator of Cambodia (SERC), in Phnom Penh on July 28.
According to a SERC press release issued on Tuesday, the partnership is designed to enhance coordination between CASF and CGCC in mobilising capital through the securities market and promoting financial instruments that support long-term economic growth.
The collaboration is seen as a milestone toward improving investor protection frameworks, broadening financing channels and reinforcing market resilience.
The joint effort is expected to stimulate capital market activities and drive broader investor participation, contributing to a more diversified and stable financial ecosystem in the country, the statement added.
During the event, Socheat said, “Meaningful development and sustainable growth can only be achieved through the active participation of industry united by a common vision.”
“The signing of the MoU between the CASF and CGCC, along with the launch of CSBA Phase III today, stands as a testament to the impact of collaboration among all stakeholders, where valuable ideas have been exchanged and joint actions will be implemented effectively and efficiently,” he added.
The SERC Director General emphasised that strategic partnerships like this lay a foundation for a vibrant, resilient and investor-friendly capital market in the Kingdom—critical for attracting long-term capital flows and supporting Cambodia’s transition to a more sustainable economy.
During the event, the consortium members of the Cambodia Sustainable Bond Promotion (CSBA) programme, which comprises SERC, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the Global Green Growth Institute (GGGI), launched the ‘CSBA Phase III’ programme.
The initiative is carried out in cooperation with the Credit Guarantee and Investment Facility (CGIF), GuarantCo and CGCC, aiming to strengthen Cambodia’s sustainable finance ecosystem through innovative bond instruments.
The third phase of the programme provided technical assistance for the issuance of green, sustainability and sustainability-linked bonds to enable financing for projects aligned with Cambodia’s climate priorities, while promoting private-sector-led green investment and low-carbon economic development.
The event reinforced a collective commitment to advancing the securities sector, highlighting the role of capital markets as an engine for sustainable economic transformation.
