ARDB and Bank of China (Hong Kong) Phnom Penh Branch Plan Direct Currency Exchange Mechanism to Boost Cambodia-China Trade

On November 10, 2026, H.E. Dr. Kao Thach, Royal Government Delegate in charge of ARDB’s Director General, together with his colleagues, met with a delegation from Bank of China (Hong Kong) Phnom Penh Branch to strengthen their partnership and expand cooperation in the banking sector.

The important discussions focused on establishing a direct currency exchange mechanism for payments and financial transactions, with the aim of making bilateral trade flows between Cambodia and China easier and smoother.

During the meeting, the two sides agreed to promote cross-border payment banking services and provide trade finance to facilitate business activity and imports and exports between the two countries. The two banks also pledged to continue exploring further opportunities for new areas of cooperation in the future.

Cooperation between ARDB and Bank of China (Hong Kong) Phnom Penh Branch will make an important contribution to facilitating investors’ and traders’ financial transactions, as well as further promoting economic growth and trade between Cambodia and China.