(Phnom Penh): The National Bank of Cambodia and the National Bank of Rwanda jointly announced a "Cross-Border Payment Cooperation" between Cambodia and Rwanda, during the 28th Conference of Central Bank Governors of Francophone Countries, held from 28–31 May 2026, in Phnom Penh, Cambodia, under the theme: "Central bank autonomy in the face of State and public expectations," according to a press release seen by Fresh News on Wednesday (Jun. 3).

This cross-border payment cooperation demonstrates the shared commitment of both central banks to modernising their payment systems and promoting greater financial connectivity.

It is also expected to further strengthen economic, trade, and tourism relations between Cambodia and Rwanda, while supporting broader regional and international financial integration.

By leveraging technological advancements and digital innovation, the partnership seeks to enhance the use of seamless and efficient electronic payment services for the citizens of both nations.

This initiative is implemented under the Memorandum of Understanding (MOU) on "Cooperation in Areas of Financial Sector Development" between the National Bank of Cambodia and the National Bank of Rwanda, which was signed on 14 April 2023, in Washington, D.C., United States of America.

The MOU establishes a framework for strengthening cooperation through the exchange of knowledge and experience to advance financial sector development in both countries.
=FRESH NEWS