AKP Phnom Penh, September 14, 2026 --

The National Bank of Cambodia (NBC) and the Central Bank of Timor-Leste have signed a Memorandum of Understanding (MoU) to enhance bilateral cooperation in digital payment systems and cross-border payment connectivity.

The MoU was signed in Dili by H.E. Dr. Chea Serey, Governor of the NBC, and H.E. Helder Lopes, Governor of the Central Bank of Timor-Leste, on the occasion of the launch of Timor-Leste’s fast payment system.

The ceremony was presided over by H.E. José Ramos-Horta, President of the Democratic Republic of Timor-Leste, and H.E. Kay Rala Xanana Gusmão, Prime Minister of Timor-Leste.

The MoU aims to establish a framework for strengthening cooperation in digital payments, financial innovation and financial connectivity between the two countries, NBC said in a press statement issued on Sept. 14.

Under the agreement, the two central banks will exchange information, knowledge and experience, and cooperate in research and training.

The cooperation is also intended to promote the settlement of transactions in domestic currencies in order to support trade and investment activities between Cambodia and Timor-Leste.

In a working meeting in Dili, the central banks of the two countries exchanged information and views related to the implementation of existing cooperation, as well as discussed and identified several areas that can be further developed and strengthened within the framework of future cooperation.

The meeting was held within the framework of a Memorandum of Understanding (MoU) signed by the two central banks in Cambodia in 2024, with an agreement to hold an annual bilateral meeting in turn as host.

By Chea Vannak