Cambodia, Laos Strengthen Bilateral Cooperation in Banking

Governor of the National Bank of Cambodia (NBC) H.E. Chea Chanto has held a bilateral talk with his Lao counterpart Dr. Somphao Phaysith to boost mutual cooperation.

The update was shared through an NBC's press release recently, adding that exchange of experience was also part of the meeting agenda, including progress of macroeconomic indicators and currency policy, banking development and challenges, as well as technical cooperation.

Dr. Somphao Phaysith, Governor of the Bank of the Lao People's Democratic Republic, appreciated the bilateral cooperation triggered by a memorandum of understanding in 2009.

For his end, H.E. Chea Chanto lauded the increase of the banking collaboration between the two neighbouring and was committed to further sharpen it.

Source: Agency Kampuchea Press