PETALING JAYA: Maybank International Holdings Sdn Bhd, part of Maybank Investment Banking Group (Maybank IBG), has renewed its memorandum of understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC), strengthening their collaboration to support the growth and development of Cambodia’s capital market.
The updated MoU builds on the existing Cooperation and Technical Assistance Framework, offering a platform for capacity building, regulatory expertise sharing and technical collaboration to help advance Cambodia’s capital market development.
Following the MoUs signed in 2020 and 2023, Maybank IBG and SERC have had multiple engagement and expertise sharing sessions, contributing to progress in among others, Cambodia’s bond and derivative markets, tax audit frameworks and collective investment schemes.
Under the new two-year agreement, both parties will cooperate in capacity building in areas such as corporate governance, risk management, compliance, financial and accounting standards and product innovation.
The renewed partnership will also focus on enhancing investor participation and attracting foreign investments into Cambodia’s capital market.
SERC director-general Sou Socheat said: “This MoU marks another important step in the trusted and long-standing relationship between SERC and Maybank. Cambodia’s securities industry continues to evolve, and this partnership provides valuable expertise in developing our regulatory framework, expanding product offerings and nurturing human capital to support market growth. We look forward to deepening our cooperation to promote innovation, efficiency and investor confidence in Cambodia’s capital market.”
Maybank IBG CEO Michael Oh-Lau said, “We are pleased to renew our collaboration with SERC at a pivotal moment for Cambodia’s capital markets and in support of Cambodia’s Vision 2030 and 2050. The Securities Sector Development Master Plan 2025-2035 charts a roadmap to among others, diversify financial products and services and advance sustainable finance – areas where Maybank brings Asean expertise, track record and network.
“With a projected 4% economic growth in 2025 and growing infrastructure needs, Cambodia’s capital market holds significant potential to mobilise funds, particularly for sustainable infrastructure projects.”
Maybank’s roots in Cambodia date back more than 30 years, and today operates 21 branches nationwide, offering a comprehensive suite of financial solutions to support Cambodia’s growing economy.
Beyond banking, Maybank Cambodia continues to strengthen support for SMEs and exporters through initiatives such as the SME Export Finance Solution and Capacity-Building Programme, empowering local businesses to expand regionally and globally.
