The Bank of Thailand Signs a Memorandum of Understanding with the National Bank of Cambodia

ข่าวเศรษฐกิจ Saturday August 25, 2012 14:34 —Bank of Thailand

No. 43/2012

The Bank of Thailand (BOT) has signed a Memorandum of Understanding (MoU) on Exchange of Banking Supervision Information with the National Bank of Cambodia (NBC), the regulator of financial institutions in the Kingdom of Cambodia.

The MoU provides a formal basis for banking supervisory cooperation between the two authorities. It allows for supervisory cooperation between BOT and NBC in areas of information sharing and communication during the licensing process and ongoing supervision of banks operating under their respective supervisory responsibility.

The MoU was signed by Dr. Chea Chanto, Governor of the NBC, and Dr. Prasarn Trairatvorakul, the BOT Governor, on 25 August 2012.

Source: Bank of Thailand

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