The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) recently announced starting the Financial Transparency Corridor (FTC) joint initiative.
The FTC commemoration event was held at Istana, Singapore, and was presided over by Prime Ministers Lawrence Wong and Hun Manet.
FTC is a consent-based digital infrastructure and network between financial institutions (FIs) on both sides. It aims at catalyzing increased trade and cross-border-related financial services between small and medium enterprises (SMEs).
