Malaysia’s CIMB Pledges Continued Support for Riel Use and Expansion in Cambodia

Her Excellency Dr. Chea Serey, Governor of the National Bank of Cambodia, on September 18, 2026, received a high-level delegation from Malaysia’s CIMB Group Holdings Berhad, led by Datuk Syed Zaid Bin Syed Jaffar Albar, Chairman of the Board, and Muhammad Novan Bin Amirudin, Chief Executive Officer, for a courtesy call and working discussion.

The discussion covered economic conditions, challenges, developments in the banking sector, and opportunities arising from changes in production structures in the region and globally.

Muhammad Novan Bin Amirudin briefed the Governor on the progress of CIMB Bank’s operations in Cambodia and outlined plans to introduce new financial products and services to meet the needs of customers and the market. He also reaffirmed the bank’s continued support for promoting the use of the riel and CIMB Bank’s commitment to further expanding and developing its business operations in Cambodia.

In response, the Governor welcomed CIMB Bank’s commitment to continued investment and development of its operations in Cambodia. She highlighted the importance of the banking sector in supporting business activity and production by providing efficient financial services and promoting regional financial connectivity.

The Governor praised the progress made in developing the bilateral Cambodia-Malaysia cross-border payment system, which is important for facilitating cross-border payments, strengthening financial connectivity between the two countries, and promoting the use of local currencies, in line with the development of regional digital payment systems.