AKP Phnom Penh, October 23, 2026 --

The National Bank of Cambodia (NBC) and the Bank of Central African States have signed a Memorandum of Understanding (MoU) to establish a framework for bilateral cooperation between the two institutions.

The strategic agreement was signed on Oct. 22 in Phnom Penh by NBC Governor H.E. Dr. Chea Serey and H.E. Yvon Sana Bangui, Governor of the Bank of Central African States, following bilateral discussions where both sides exchanged views on the economic and financial situation as well as regional cooperation.

Both Governors agreed on a priority action programme for 2027-2028, which encompasses capacity building, digital transformation, financial inclusion, innovation, cybersecurity, as well as supervision, modernisation, and payment system connectivity.

The two central banks will continue holding regular meetings to assess progress in the implementation of the MoU.

Both Governors expressed their deep satisfaction with the signing of the MoU, which will contribute to promoting monetary and financial stability, innovation, and financial inclusion, as well as driving economic development in the Kingdom of Cambodia and across the Economic and Monetary Community of Central Africa (CEMAC).

By Phal Sophanith