The first expo for Cambodia's banking and finance industry will be held February 19-20, an organiser said Sunday.

Ouk Chipphal, project manager of International Data Group (IDG), told the Post that the IDG, in cooperation with the National Information Communications Technology Development Authority, will host the expo at the NagaWorld Hotel.

"The expo will be a chance for bankers to show their customers about the latest and most sophisticated technology used in banking services and products for customers," Ouk Chipphal said.

He said that about 30 booths will be installed for the displays of banking and  microfinance  products.

"Banks will be required to pay US$500 for each booth," Ouk Chipphal said. "We expect to see about 1,500 visitors and 300 people from the banking and finance sector."  

Tal Nay Im, director general of the National Bank of Cambodia, said Sunday that the expo is a good sign of the progress made by Cambodia's  banking and finance sector.