Phnom penh: The Trust Regulator under the Non-Bank Financial Services Authority released on Jan. 16 its annual report, stating the trust sector gained new momentum with 590 new trusts registered last year.
According to Agence Kampuchea Presse, these newly registered trusts brought the total trust fund amount for the year to approximately US$602 million, reflecting rapid growth in the country's financial landscape and growing investor interest for structured asset management. To date, 1,712 trusts have been registered, with a total trust fund amounting to US$2,462 million, stated the report.
The growth highlighted a result of increasing awareness, including secure asset management, clearer legal frameworks for investment, and wealth succession planning, particularly for real estate and financial instruments. These developments showed that the sector is becoming a vital part of Cambodia's financial strategy, supporting investment diversification, economic stability, and sustainable growth.
H.E. Sok Dara, Director-General of the Trust Regulator, has recently mentioned that Cambodia's trust sector has gained traction from strong confidence among investors, especially foreign investors. The trust sector serves multiple purposes, from commercial and financial asset management to real estate holdings and social trust services. It has been a key driver of investment confidence, offering a structured mechanism for managing assets securely.
The Royal Government has fostered professional standards, transparency, and international best practices, promoting trust sector growth and investor confidence. As the sector plays an important role in boosting investor confidence, it also promotes compliance and drives Cambodia's economic development.