Vietnam, Cambodia state banks foster partnership

by VTV418 February 2017 Last updated at 07:00 AM

VTV.vn - Governor of the State Bank of Vietnam (SBV) Le Minh Hung and the governor of the National Bank of Cambodia (NBC) Chea Chanto have agreed to step up the two banks' win-win cooperation.

At a conference between SBV and NBC in the ancient city of Siem Reap on February 17, they agreed to organise a conference annually and increase cooperation in order to implement agreements on border trade payment, banking supervision, anti-laundering and counterfeit money. They also discussed speeding up cooperation with Laos and Myanmar. Apart from assistance in university education, SBV will provide an additional 15 post-graduate scholarships for Cambodian graduates in banking in 2018. At the end of the conference, Governors Le Minh Hung and Chea Chanto signed a memorandum of understanding regarding the cooperation between the two banks.

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