Phnom Penh – KB PRASAC Bank proudly joined Finclusion Innovate 2025 as a Diamond Sponsor, reaffirming its strong commitment to advancing financial inclusion in Cambodia. The event, held from 29 to 30 August 2025 at the Institute for Banking Studies, was co-organized by the National Bank of Cambodia (NBC) and Credit Bureau Cambodia (CBC).
Finclusion Innovate is an innovative youth pitching competition that empowers university students to design creative, technology-driven solutions addressing real-world financial inclusion challenges. This year, 14 teams of outstanding students from across Phnom Penh showcased their bold and impactful ideas on Pitch Day.
Beyond its sponsorship, KB PRASAC Bank also played an active role in the event, with representative serving as judge to evaluate the students’ innovative proposals. The competition concluded with H.E. Yim Leat, Deputy Governor of the National Bank of Cambodia, presiding over the closing ceremony and presenting awards to the winning student teams.
“Finclusion Innovate demonstrates the power of youth, creativity, and technology in shaping a more inclusive financial future. KB PRASAC Bank is proud to support initiatives that not only inspire innovation but also bring real impact to Cambodia’s financial ecosystem,” said Mr. Pen Sovannsoksitha, EVP & Chief Product Officer of KB PRASAC Bank.
As one of Cambodia’s leading commercial banks, KB PRASAC Bank has long championed financial inclusion through its 187 branches nationwide and a comprehensive range of financial solutions. The bank provides tailored loans for MSMEs, with a strong emphasis on empowering women—who make up 80% of its borrowers, particularly in rural areas. Leveraging digital innovations such as KB PRASAC Mobile app, the bank enables digital account opening, fund transfers without fee charge, and access to financial services.
In addition to this, KB PRASAC Bank actively promotes the use of the national currency (KHR) to strengthen Cambodia’s economy. The bank has supported the NBC’s banknote exchange programs, and offered Riel-denominated loans. The bank has also co-sponsored and supported a range of financial literacy and inclusion initiatives, including Cybersecurity Day with the Association of Banks in Cambodia, ASEAN Savings Day, and the “Safe Finance” project that distributed financial education textbooks nationwide. KB PRASAC Bank also sponsored funds to NBC for publishing financial literacy book “Let’s Talk Money.”
Through partnerships, sponsorships, and innovative banking services, KB PRASAC Bank remains steadfast in its mission to empower individuals, support businesses, and build a stronger, more financially inclusive Cambodia.
