His Excellency Dr. KAO Thach chairs the Agricultural and Rural Development Bank Management Meeting with the objective of preparing, in its role as a policy bank, to respond to uncertainties in the global financial and economic situation as well as the rapidly changing regional and global geopolitical landscape.
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Phnom Penh: H.E. Dr. KAO Thach, Delegate of the Royal Government in charge of Chief Executive Officer of the Agricultural and Rural Development Bank (ARDB), chaired a management meeting, on Tuesday, May 12, 2026, at ARDB headquarters. The meeting aimed to prepare the bank, in its role as a policy bank, to respond proactively to uncertainties in the global economy and the rapidly evolving regional and global geopolitical environment.
During this important meeting, and in a spirit of proactive leadership, H.E. Dr. KAO Thach provided several key recommendations to ARDB management, emphasizing a strong sense of responsibility, as follows:
1. In the context of rapid technological advancement, ARDB management should seize opportunities to utilize new technologies to improve banking operations and customer services, particularly through the adoption of Artificial Intelligence (AI), with the goal of becoming a digital bank.
2. Amid uncertainties in the global financial and economic systems and the rapidly changing regional and global geopolitical situation, ARDB management will continue to strengthen and place greater focus on identifying risk factors in each business in the agricultural sector, which is critical for designing additional support mechanisms.
3. ARDB management will continue prioritizing the promotion of green financing program, especially under the Cambodia Climate Financing Facility (CCFF), which is endorsed by the Green Climate Fund (GCF), in response to climate change challenges.
4. ARDB management will continue strengthening the implementation of tripartite financing scheme, which is an innovative new financing mechanism introduced by ARDB.
5. ARDB management will continue promoting human capital development for staff through the creation and participation in regular training programs.
Before concluding the meeting, H.E. Dr. KAO Thach also highlighted the strong financial position of ARDB as a policy bank and a highly trusted and secure financial institution, particularly regarding customer deposits.