In a joint statement, Maybank IBG and SERC said the MoU continued the Cooperation and Technical Assistance Framework designed to facilitate capacity building, exchange of regulatory expertise and technical knowledge to facilitate and further encourage the development of the country’s capital market.
"As a member of Asean’s fourth largest banking group by assets, we are delighted to be given the opportunity to bring our depth of experience to this partnership. Meanwhile, SERC director-general Sou Socheat said the MOU signified the trusted relationship between both parties, citing the Cambodian securities industry was in the early stages and gradually developing.