Governor of the State Bank of Vietnam (SBV) Le Minh Hung and Governor of the National Bank of Cambodia (NBC) Chea Chanto have agreed to step up the two banks’ win-win cooperation.
Phnom Penh (VNA) – Governor of the State Bank of Vietnam (SBV) Le Minh Hung andGovernor of the National Bank of Cambodia (NBC) Chea Chanto have agreed to stepup the two banks’ win-win cooperation.
At a conference between the SBV and the NBC in the ancient city of Siem Reap,Siem Reap province on February 17, they agreed to organise the conferenceannually and increase cooperation to implement reached agreements on bordertrade payment, banking supervision, and anti-laundering and counterfeit money.
They also noted speeding up cooperation with Laos and Myanmar.
Apart from assistance in university education, the SBV will provide anadditional 15 post-graduate scholarships for Cambodian graduates in banking ayear from 2017.
The two sides committed to making it easier for commercial banks to establish partnershipsand commerce and trade presence in the respective country towards spurring thebanking system growth and better serving operations of respectivebusinesspeople and investors.
At the end of the conference, Governors Le Minh Hung and Chea Chanto signed amemorandum of understanding on cooperation between the two banks. -VNA
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At the conference (Photo: VNA) 
