Central Banking

Cambodian central bank says $8 million grant will boost retail payments

National Bank of Cambodia announces grant from South Korea to develop payments infrastructure

Angkor Watt in Cambodia by Bjorn Christian Torrissen
Angkor Wat in Cambodia. Photo by Bjorn Christian Torrissen

The National Bank of Cambodia has received an $8 million grant from the South Korean government to develop the infrastructure underpinning retail payments, it announced on June 3.

The grant, awarded through the Korea International Cooperation Agency, was approved under the framework set out in an earlier memorandum of understanding (MoU) with the Bank of Korea, it said.

It will be used in part, the central bank said, to support the rules, regulations and human resources underpinning the retail

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.