Phnom Penh, Cambodia – September 10, 2021:
The National Bank of Cambodia (NBC) has recently announced its strategic partnership with Ant International, a subsidiary of Ant Group, to foster financial innovation and promote digital payment solutions in the country.
This collaboration aims to leverage Ant International’s expertise in digital financial technologies to aid in the NBC’s ongoing efforts to modernize Cambodia’s financial sector. By joining forces, both parties aim to improve access to inclusive financial services and facilitate economic growth.
As a leading provider of payment and digital lifestyle services, Ant International brings its global experience and cutting-edge technologies to help the National Bank of Cambodia develop a robust digital infrastructure. Through the partnership, the NBC intends to enhance its regulatory framework to support secure and efficient digital payments, e-commerce activities, and other financial innovations.
The Governor of the National Bank of Cambodia, H.E. Chea Chanto, expressed his enthusiasm about the partnership: “We are delighted to collaborate with Ant International to drive financial inclusion and develop digital capabilities in Cambodia. This partnership will be instrumental in enhancing financial services, boosting economic growth, and improving the livelihoods of all Cambodian citizens.”
Ant International also welcomed the partnership, with its CEO, Ms. Lucy Peng, stating: “Cambodia has shown remarkable potential for digital financial innovation, and we are excited to work hand in hand with the National Bank of Cambodia to build a modern financial ecosystem that caters to the needs of the local population. Together, we aim to create a financially inclusive society and promote economic progress.”
This collaboration between the National Bank of Cambodia and Ant International is expected to foster technological advancements in Cambodia’s financial sector and contribute to the government’s vision of establishing a digital economy and cashless society.
About the National Bank of Cambodia:
The National Bank of Cambodia is the central bank of the Kingdom of Cambodia and is responsible for formulating and implementing monetary and credit policies. It plays a vital role in fostering financial stability and economic growth in the country.
About Ant International:
Ant International is a subsidiary of Ant Group, a leading provider of payment and lifestyle services. Ant International operates globally, offering innovative solutions in digital finance, mobile payments, and technology-driven financial services.
Disclaimer: This article is for informational purposes only. The National Bank of Cambodia and Ant International have not endorsed or reviewed this content.