Title | KAMCO and National Bank of Cambodia(NBC) Signed MOU to Strengthen Financial Stability Cooperation | ||
---|---|---|---|
Department | 기업지원총괄처 | ||
Date | 2025-03-07 | Hit | 236 |
On March 4, 2025, KAMCO conducted a reciprocal visit to Cambodia and signed a Memorandum of Understanding (MOU) with the National Bank of Cambodia (NBC) in Phnom Penh. The MOU aims to enhance cooperation in promoting financial stability, with NBC expressing particular interest in dedollarization, distressed asset resolution, and the development of a crisis management framework. Amid ongoing efforts in Cambodia to establish a comprehensive framework to curb the rise of non-performing loans (NPLs), these initiatives are deemed vital for ensuring sustainable economic growth while preserving an unconstrained credit environment. KAMCO reaffirms its commitment to serving as a reliable partner to NBC, offering tailored guidance and support to safeguard financial stability in Cambodia. |
|||
Attachment |