During the China–ASEAN Entrepreneurs Summit, Bank
of China (Hong Kong) Limited Phnom Penh Branch
and Cambodia Securities Plc. officially signed an MOU.
Leveraging their respective professional strengths in banking financial
services and the securities and capital markets, the two parties will carry out
in-depth cooperation in areas including securities depository services, fund
delivery and settlement, corporate financial services, bond issuance and
underwriting, corporate listing advisory services, and other capital
market-related businesses, with the aim of establishing a long-term, stable
and comprehensive strategic partnership.
The signing ceremony was jointly witnessed by H.E. Lim Lork Piseth, Secretary of State of the Ministry of Commerce of the Kingdom of Cambodia, and H.E. Sou Socheat, Delegate of the Royal Government in charge as Director General of Securities and Exchange Regulator of Cambodia (SERC). Mr. Darren-Teng, Chairman of the Board of Cambodia Securities Plc., and Mr. Liu Zheng, CEO of Bank of China (Hong Kong) Limited Phnom Penh Branch, represented the two parties in signing the MOU.
Joining Forces to Deepen Synergy Between Banking and Securities Capital Market Businesses
This strategic cooperation marks an important step for both parties in further deepening financial business collaboration by leveraging their respective professional strengths.
Bank of China (Hong Kong) Limited Phnom Penh Branch, backed by the professional capabilities of the Bank of China Group in corporate finance, cross-border financial services, fund settlement and integrated financial services, provides diversified banking and financial solutions to corporate clients.
Cambodia Securities Plc., meanwhile, has established extensive expertise in Cambodia’s capital market and has continued to build professional capabilities in securities services, investment banking, bond issuance and underwriting, corporate listing advisory services, and comprehensive capital market services.
By formally establishing a strategic partnership, the two parties will further strengthen the business linkage between banking financial services and securities and capital market services, promote complementary strengths and resource sharing, and provide enterprises and capital market participants with more professional, efficient and coordinated financial services.
Focusing on Core Businesses and Building Comprehensive Capital Market Service Capabilities
Under the MOU, the two parties will cooperate across key segments of the capital market business chain.
In securities depository services, fund delivery and settlement, the two parties will strengthen business coordination and service integration, while exploring ways to improve the efficiency and convenience of related financial services and provide capital market participants with smoother post-trade service support.
In corporate financial services, the two parties will take into account the different stages of corporate development and specific business needs, strengthening coordination between banking financial services and capital market services to provide enterprises with more comprehensive financial solutions.
In bond issuance and underwriting, the two parties will leverage their respective professional strengths in banking and securities businesses to explore cooperation in corporate bond financing and other debt financing projects, supporting qualified enterprises in expanding their direct financing channels.
In corporate listing advisory and capital market services, the two parties will actively facilitate the connection of enterprises with strong growth potential to the capital market. Through professional services including listing cultivation, listing advisory, financing planning and investor engagement, the two parties will help enterprises strengthen their financing capabilities through the capital market.
Integrating Financial Resources to Provide One-Stop Solutions for Enterprises
A key focus of this strategic cooperation is to further strengthen business coordination between banking financial services and capital market services.
Going forward, based on the actual needs of enterprises and across different stages of corporate growth and financing development, the two parties will explore the provision of integrated financial service solutions covering financing planning, corporate financial services, bond financing, listing cultivation, IPO and capital market services, and fund delivery and settlement.
By integrating their financial resources, client resources and professional service capabilities, the two parties will jointly facilitate more effective access to the capital market for qualified enterprises and provide more diversified financial support for corporate financing and development.
Serving the Real Economy Through Financial Services and Supporting the Sound Development of Cambodia’s Capital Market
Cambodia’s capital market is currently undergoing continued development and improvement. Closer coordination between the banking system and the capital market will help further diversify corporate financing channels and improve the efficiency of financial resource allocation.
This strategic cooperation represents not only a further deepening of the business relationship between the two parties, but also reflects their shared commitment to actively participating in and supporting the development of Cambodia’s capital market.
By establishing a long-term, stable and comprehensive strategic partnership, the two parties will continue to explore new models of collaboration between banking and securities businesses, while continuously enhancing their capacity to serve the real economy on the basis of compliance with applicable laws and regulations and effective risk management.
Going forward, Bank of China (Hong Kong) Limited Phnom Penh Branch and Cambodia Securities Plc. will take the signing of the MOU as a new starting point to further deepen cooperation in securities depository services, fund delivery and settlement, corporate financial services, bond issuance and underwriting, listing advisory services, and other capital market businesses, jointly providing enterprises with more professional, comprehensive and efficient financial services.
The two parties will work together to facilitate the connection of more qualified enterprises with the capital market, further promote the effective integration of financial resources with the real economy, and contribute to the sustainable and sound development of Cambodia’s financial system and capital market.
Deepening Financial Synergy · Empowering Corporate Growth · Promoting Capital Market Development
