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Education

ABA Bank's Commitment to Empowering Communities and Driving Financial Literacy in Cambodia

Strategic Insights

— 2 min read

As a socially responsible corporate entity, ABA Bank remains dedicated to supporting local communities and contributing to a brighter future for Cambodia's youth. The bank's Corporate Social Responsibility (CSR) efforts have focused on financial literacy and education as a catalyst for social good. Over the last year, ABA Bank has carried out a wide range of initiatives aimed at boosting outcomes in the educational sector.

Key Takeaways:

  • ABA Bank contributed approximately $20,000 to Hun Sen Kampong Ro High School, transforming the school's infrastructure and promoting a conducive learning atmosphere. The bank's support included renovations to several buildings, the addition of 12 white glass boards, 30 benches, and the installation of a computer lab equipped with 15 desktop computer sets.
  • ABA Bank also contributed KHR 45 million to Sok An Thnol Bombek High School, addressing the school's ageing infrastructure and providing new life to the facility. The bank's support included replacing broken windows and doors, shattered desks, and stained whiteboards.
  • ABA Bank contributed KHR 33 million to two Muslim schools, Al Muwattes Warahmah School and Al Hakimi School, after acknowledging the challenges faced by the schools through a proposal made by the Cambodian Amanah Takaful Association.
  • The bank's Financial Literacy Programme in Ratanakiri province has been empowering individuals to improve their financial circumstances by fostering financial stability and independence. The programme has consisted of 22 classes and aimed to reach out to 500 community participants in several districts and remote villages.
  • ABA Bank also collaborated with SOSORO to provide Cambodian students access to SOSORO's permanent and temporary exhibits of monetary artefacts, modern and interactive spaces for audiovisual displays, and engagement with experts to deepen their understanding of the country's nearly 2,000-year economic history.

Statistics:

  • ABA Bank contributed approximately $20,000 to Hun Sen Kampong Ro High School.
  • The bank's support to Sok An Thnol Bombek High School amounted to KHR 45 million.
  • ABA Bank contributed KHR 33 million to two Muslim schools.
  • The Financial Literacy Programme in Ratanakiri province has consisted of 22 classes and aimed to reach out to 500 community participants.
  • ABA Bank also contributed $5,000 to the Preah Srey Icanavarman Museum of Economy and Money (SOSORO) through the Association of Banks in Cambodia (ABC)'s 'Banking Sector Programme for Economic Literacy' project.
  • SOSORO's museum has a collection of monetary artefacts, with over 2,000 years of Cambodian economic history.

Sources:

  • ABA Bank's CSR efforts in Cambodia, as stated in the bank's corporate social responsibility report.
  • The Association of Banks in Cambodia (ABC)'s 'Banking Sector Programme for Economic Literacy' project.
  • Preah Srey Icanavarman Museum of Economy and Money (SOSORO).
  • Hun Sen Kampong Ro High School.
  • Sok An Thnol Bombek High School.
  • Al Muwattes Warahmah School and Al Hakimi School.

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