PBOC and NBC Sign MOUs on Bilateral Financial Cooperation
The People's Bank of China, the country's central bank, signed a memorandum of understanding with the National Bank of Cambodia on Tuesday to establish renminbi clearing arrangements in Cambodia.
The two central banks also signed another memorandum of understanding on the cooperation in financial innovation and payment systems, the PBOC said in a statement.
On November 21, 2023, Mr. Pan Gongsheng, PBOC Governor and SAFE Administrator, met with Chea Serey, Governor of the National Bank of Cambodia. They exchanged views on issues including the bilateral financial cooperation, and signed the Memorandum of Understanding on Establishing Renminbi (RMB) Clearing Arrangements in Cambodia and Memorandum of Understanding Between the People's Bank of China and the National Bank of Cambodia on Cooperation in the Area of Financial Innovation and Payment Systems.
First, please LoginComment After ~