Cambodian, Philippine central banks sign MoU for enhanced cooperation

BSP governor Eli Remolona Jr. and NBC counterpart Chea Serey signed the agreement in Siem Reap, Cambodia, where a high-level meeting between both the banks discussed macroeconomic and financial developments and outlook, developments related to payment systems, artificial intelligence, cybersecurity and sustainable finance, and opportunities for further cooperation in these areas, a news agency reported.

The bilateral meeting and the MoUs are expected to encourage further collaboration in central banking, payment connectivity and innovation, digital financial innovation, banking supervision and human resource development.

ALCHEMPro News Desk (DS)