Khmer Times: Cambodia’s non-banking financial sector has grown rapidly over the past five years, with total assets tripling from $3 billion in 2021 to $9 billion in 2025, equivalent to 18% of the country’s gross domestic product (GDP), while employment doubled from 8,000 to around 16,000.

The data was reported during the dissemination  ​​​​​​​​​forum on ‘Achievements of the Non-Bank Financial Services Authority in the First Mandate’ and the ‘Annual Securities Conference 2026’, presided over by Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth in Phnom Penh yesterday.

Addressing the ceremony, Director-General of the Securities Exchange Regulator of Cambodia Sou Socheat highlighted that as of September this year, the Kingdom had a total of 28 listed companies, comprising both equity and debt securities.

Socheat noted that the capital raised through the securities market could reach $1 billion by the end of 2026.

Regarding corporate bonds, he said proceeds raised could also reach $1 billion, supported by the Royal Group, which has contributed to the development of the sector.

During his opening remarks, the Deputy Prime Minister said over the five years of the first mandate of the Non-Bank Financial Services Authority, the sector had expanded rapidly, becoming an increasingly vital component of the national financial system.

He noted that the growth was reflected not only in quantitative terms but also in the socioeconomic benefits and value generated for Cambodia across three key areas.

First, he pointed to the expansion of the sector’s scale, as total assets in the non-banking financial sector grew from just over $3 billion in 2021 to over $9 billion in 2025, equivalent to approximately 18% of GDP.

“This substantial growth demonstrates the sector’s continuous expansion in supporting economic activity and investment, as well as driving overall national socioeconomic development,” Pornmoniroth said.

Second, he highlighted job creation and human capital development, noting that employment in the sector had doubled, rising from approximately 8,000 in 2021 to around 16,000 in 2025.

Pornmoniroth said, “This significant increase in employment is a positive sign; however, an even more notable achievement is the development and enhancement of knowledge, as well as technical and professional skills, across the six key sectors mentioned above.”

“These efforts have contributed to the development of Cambodia’s financial labour market and the building of human capital, in alignment with the Pentagonal Strategy-Phase One, which prioritises people as the first key priority,” he added.

Source: https://www.khmertimeskh.com