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Media Award Handover Ceremony on the News Writing Competition on: "The Contribution of the Banking and Financial Sector to the Cambodian Livelihoods"

Background

The financial sector has been playing a crucial role in delivering essential financial services and contributing to living conditions, bolstering the Cambodian living standard, reducing poverty, and boosting Cambodia's national economic growth. Banking and Financial Institutions have continued to contribute to improving Financial Inclusion, which is reflected in the increase in the number of customer deposit accounts to 12.1 million and consumer credit accounts to 3.3 million.

At the same time, we also understand that Media also plays an important role in contributing to promoting Cambodian Livelihoods in terms of information sharing. Therefore, the relationship between the media and the financial sector is inseparable. Media has the role of sharing knowledge, information, education, and entertainment and is also an important mechanism and channel for the financial sector to disseminate messages and spread awareness about financial products and services through the media to all Cambodian nationwide.

The current relationship between BFIs and Media is in the form of advertising, while editorial and news content relations seemed to be limited. Some journalists have often raised the difficulty of seeking sources or interviews in the financial sector. On the other hand, professionals in the financial sector (FIs) seem reluctant to communicate directly with the editor or journalists, as they perceive that there may be risks and that the financial sector seems to be complex, requiring detailed study or understanding deeply before producing a story with accuracy.

These challenges have resulted in limited content about the financial sector and limited access to financial information and knowledge among the Cambodian population, despite the ongoing financial topics getting noticed every day. The lack of linkages between the financial sector and media deprives financial institutions of significant opportunities to contribute to financial education, disseminate information, and enhance the vital role of the financial sector in the daily life of the Cambodian people.

Seeing these challenges, the Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA), together with the Club of Cambodian Journalists (CCJ), have been working together to strengthen the relationship between media and the financial sector since the beginning of 2021. These activities have included organizing training for journalists on basic knowledge of the banking and finance sector, field visits to Kampot and Takeo provinces, and News Writing Competitions on the topic of "The Contribution of the Banking and Financial Sector to the Cambodian Livelihoods"



Agenda

3

00PM

-

3

30PM

Registration and Networking

- Management of the Ministry of Information
- Management of the National Bank of Cambodia
- Management from ABC, CMA and CCJ
- All participants and Press

3

35PM

-

3

40PM

3

40PM

-

3

55PM

Opening Remarks by NBC

- H.E RATH Sovannorak, Assistant Governor and Director-General of Banking Supervision of NBC

3

55PM

-

4

35PM

Panel Discussion: “Challenges & Opportunities of Collaboration between BFIs and Media in the digital area” (40min)

Panelist:
- MDIs (TBC)
- Banks (TBC)
- CBC (TBC)
- Mr. Pen Bonna
Facilitator:
Mr. Ky Soklim (TBC)

4

35PM

-

4

50PM

Handover Certificate to Trainee on basic knowledge of the banking and finance sector

- Association of Banks of Cambodia
- Cambodia Microfinance Association
- Club of Cambodian Journalists

4

50PM

-

5

05PM

5

05PM

-

5

25PM

The Announcement of the Winners and Handover of the Award on News Writing Competitions on the topic of “The Contribution of the Banking and Financial Sector to the Cambodian Livelihoods”

Guest of Honor
- Mr. Pen Bonna, handovers award to the 5th winner
- Mr. Sok Voeun, handovers award to 4th winner
- Mr. Raymond Sia, handovers award to 3rd winner
- H.E. Rath Sovannorak, handovers award 2nd winner
- H.E. Khieu Kanharith, handover award to 1st winner

5

25PM

-

5

30PM

5

35PM

-

5

50PM

5

50PM

-

8

00PM

Cocktail and Networking

- All participants

Sponsors and Partners

Organizer

Supported