[Khmer Times]: The National Bank of Cambodia (NBC) and the International Finance Corporation (IFC) on Tuesday unveiled the findings of a comprehensive assessment of the money markets in the Kingdom, aiming to strengthen interbank market activities and support the financial sector development.

The workshop themed ‘Money Markets Diagnostic Framework in Cambodia’ was chaired by Long Vibunrith, Deputy Director General of Central Banking Operations of NBC, in the presence of Towfiqua Hoque, IFC Resident Representative for Cambodia, and Jacqueline Kendi Mwiti, IFC Financial Officer, in Phnom Penh on June 9.

Supported by Frontclear and OG Research, the workshop sought to disseminate the findings of an assessment of Cambodia’s money market conditions and identify opportunities to further develop the country’s financial markets.

According to an NBC announcement on Thursday, the assessment provides valuable insights into promoting more effective interbank market activities, improving market liquidity, and supporting the continued development of Cambodia’s money markets.

The workshop also served as a platform for dialogue among regulators, financial institutions and development partners on strengthening market infrastructure and fostering a more efficient and resilient financial system.