Phnom Penh (FN), Aug. 16 – On the occasion of its 8th anniversary, the Institute of Banking and Finance (IBF) Cambodia takes a moment to reflect on its journey and accomplishments over the past eight years.

The institute has played a pivotal role in bridging the gap between academia and the banking industry, and in nurturing the next generation of financial professionals in Cambodia. Founded in 2016, IBF has since provided skill trainings and certifications to over 50,000 professionals at all levels in the banking and finance sector in Cambodia.

The main focus of its programs centers around the core components of the banking and financial institutions (BFIs), aiming to strengthen corporate governance and to standardise and uplift local and international best practices.

Today, IBF proudly signed a Memorandum of Understanding (MoU) with the Center for Banking Studies (CBS) of the National Bank of Cambodia. This significant event, held at the CBS premises, also marks the 8th anniversary of IBF, celebrating its eight-year-long commitment to enhancing the banking and finance sector in Cambodia.

Mr. Michel Dabadie, Co-director of CBS, expressed his enthusiasm for the MoU, highlighting the future mutual benefits for the students and for the whole Cambodian banking system.

Meanwhile, Mr. Sou Visal, CEO of IBF, stated that the collaboration between IBF and CBS will significantly create a rubust academic framework that will shape the future leaders of the banking industry by equiping them with a comprehensive understanding of the complexities of the financial world.

The MoU signing ceremony was graced by distinguished guests, including H.E Kith Sovannarith, Director General of Banking Supervision, Mr. Rath Sophoan, Chairman of ABC Councils, IBF Board of Directors, and management of CBS.

The partnership aims to bolster collaboration between IBF and CBS, with a focus on developing industry standards and enhancing educational programs in the financial sector. This meaningful collaboration is expected to benefit not only students and the financial sector but also contribute to fostering a skilled workforce capable of driving economic growth

About the Institute of Banking & Finance (IBF)

Cambodia IBF provides both international standard courses and local certifications catering to the professional needs of individuals at all levels in the banking and financial institutions, including commercial and specialized banks, and microfinance institutions. IBF’s mission is to improve corporate governance, elevate local practices towards international best practices, standardize banking practices, and educate the public about sustainable financing, thereby contributing to the development of the Cambodian banking system as a whole.
=FRESH NEWS