Cambodia launches code of conduct for banking and financial institutions

PHNOM PENH, March 7 (Xinhua): Cambodia has launched a code of conduct for the banking and financial institutions, aiming at promoting effective, reliable, accountable, and responsible banking and financial practices, said a joint statement on Tuesday.

Initiated by the Association of Banks in Cambodia (ABC), the Cambodia Microfinance Association (CMA), and the Cambodian Association of Finance & Technology, the code was designed to build a fair and professional relationship between consumers and the banking and financial institutions based on the principles of equity and equality, the statement said.