VN, Cambodia state banks foster ties
| 19 February 2017
Phnom Penh
– Governor of the State Bank of Vietnam (SBV), Lê Minh Hưng, and
Governor of the National Bank of Cambodia (NBC), Chea Chanto, have
agreed to step up co-operation between the two banks.
At a
conference by SBV and NBC in the ancient city of Siem Reap last week,
both sides agreed to holding an annual conference and increasing
co-operation to implement agreements on border trade payments, banking
supervision, anti-money laundering and fighting counterfeiting. They
also agreed to speed up co-operation with counterparts in Laos and
Myanmar.
In
addition to assistance in university education, SBV will provide an
additional 15 post-graduate scholarships for Cambodian graduates in
banking a year from 2017. The two sides committed to making it easier
for commercial banks to establish partnerships and commercial presence
in the respective country, towards spurring growth in the banking system
and better serving the operations of respective businesses and
investors. -VNS
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