Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong had a meeting with the Delegation of the National Bank of Cambodia (NBC) led by Mr Kim Vada, Director General of Supervision Department cum Assistant Governor on September 30, 2016 at the SBV headquarter.
The meeting was attended by the heads of SBV entities: International Cooperation Department, Banking Inspection and Supervision Agency and Personnel Department.
At the meeting, Deputy Governor Nguyen Thi Hong welcomed NBC Delegation to visit the SBV and highly appreciated the cooperative activities of two central banks that created condition to build up special collaborative relation between NBC and SBV. Especially, over the past time, the top leaders and technical delegations of two central banks have exchanged a lot of experiences and lessons relating to professional operations.
SBV Deputy Governor Nguyen Thi Hong expressed her sincere thanks to NBC for creating favorable foundation for Vietnam banks to present and operate effectively in Cambodia. 5 Vietnamese banks are presenting and effectively operating in Cambodia, of which the Joint Stock Commercial Bank for Investment and Development of Cambodia (BIDC) is a wholly foreign owned bank.
Mr Kim Vada, Director General of NBC Supervision Department expressed his gratitude to Deputy Governor for meeting with his Delegation. Talking about the development of Cambodian banking system over the past time and orientation in the coming time, Mr Kim Vada said, several meetings and study tours organized by NBC and the SBV over the past time are useful and necessary for NBC to exchange and learn the experience on inspection and supervision, risk assessment, management and supervision of finance leasing companies.
Nguyen Giang