Joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs
On 11 July 2023, the National Bank of Cambodia issued a joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs.
The FTC is an information sharing platform which will facilitate the exchange of financial institution’s business client information and data between Singapore and Cambodia. The initiative aims to establish supporting digital infrastructures to facilitate trade and improve acesss of cross-border related financial services between small and medium-sized enterprises (SMEs) which will greatly help them growing their operations and better contribute to economic growth.
National Bank of Cambodia