ASEAN+3 Financial Stability Report (AFSR) Outreach Seminar 2025 in Cambodia

AMRO, the Cambodia Development Resource Institute (CDRI), and the National Bank of Cambodia will co-organize the ASEAN+3 Financial Stability Report (AFSR) 2025 Outreach Seminar on November 19, 2025 from 8:30am – 11:40am (Indochina Time/GMT+7) in Phnom Penh, Cambodia. The session comprises of a presentation on financial stability risks and challenges and an examination of Cambodia’s financial digitalization efforts.  There will also be a panel discussion on the key findings of the AFSR 2025 and the implications for Cambodia’s financial system.

By invitation only

 

Program

Time
Program

* All times below refer to Indochina Time (GMT+7)

 

8:30 AM – 9:00 AM

Registration

9:00 AM – 9:10 AM

Welcome/Opening Remarks

Eng Netra, Executive Director, CDRI

Khou Vouthy, Assistant Governor and Director General of Policy and International Cooperation, National Bank of Cambodia

 

9:10 AM – 10:20 AM

Presentation

The session will begin with AMRO’s assessment of financial stability risks and challenges, followed by an examination of Cambodia’s financial digitalisation, and conclude with a discussion on recent developments in MFIs and the broader non-financial sector in Cambodia.

Speakers

  • Prashant Pande, Senior Financial Specialist, AMRO
  • Andrew Tsang, Senior Economist, AMRO
  • Chhorn Dina, Senior Research Fellow and Director of Centre for Development Economics and Trade, CDRI

 

Q&A Session

10:20 AM – 10:35 AM

Coffee Break and Networking

10:35 AM – 11:35 AM

Panel Discussion

Moderator: Ms Leilei Lu, Economist, AMRO

Panelists:

  • Mr Seng Youraden, Director of Financial Stability Department, National Bank of Cambodia
  • Mr Sou Visal, Chief Executive Officer, Institute of Banking & Finance
  • Dr Chhorn Dina, Senior Research Fellow and Director of Centre for Development Economics and Trade, CDRI
  • Dr Andrew Tsang, Senior Economist, AMRO

 

The session aims to: (i) exchange views on the key findings of the AFSR 2025 and their implications for Cambodia’s financial system; (ii) discuss recent developments in Cambodia’s MFIs and non-bank financial sector; and (iii) gather perspectives from panellists and participants on how Cambodia can enhance financial resilience and stability amid heightened global uncertainties and ongoing financial digitalization.

Questions for discussion:

  • What are the important global shifts that can impact Cambodia’s financial sector?
  • What spillovers would these global developments have on Cambodia’s banking system?
  • What spillovers would global developments have on Cambodia’s MFIs and non-banking financial sectors?
  • How does financial digitalisation help in financial inclusion?
  • Do MFIs help with financial inclusion? How does that impact NPLs?
  • What are the other advantages and opportunities from financial digitalization than financial inclusion in the context of a small frontier dollarized economy like Cambodia?

 

11:35 AM – 11:40 AM

Closing Remarks

Mr Abdurohman, Deputy Director for Functional Surveillance and Research , AMRO

Speakers

Eng Netra

Executive Director, CDRI

Khou Vouthy

Assistant Governor and Director General of Policy and International Cooperation, National Bank of Cambodia

Prashant Pande

Senior Financial Specialist, AMRO

Andrew Tsang

Senior Economist, AMRO

Chhorn Dina

Senior Research Fellow and Director of Centre for Development Economics and Trade, CDRI

Leilei Lu

Economist, AMRO

Seng Youraden

Director of Financial Stability Department, National Bank of Cambodia

Sou Visal

Chief Executive Officer, Institute of Banking & Finance

Abdurohman

Deputy Director for Functional Surveillance and Research , AMRO