MOU SIGNING Thai, Lao central banks enhance cooperation

The Bank of Thailand and the Bank of Laos PDR have signed a memorandum of understanding (MOU) on cooperation in the areas of financial innovation and payments systems in Chiang Rai yesterday after the meeting of the 5th Asean Finance Ministers’ and Central Governors’ Meeting and related meetings in Chiang Rai yesterday.

Veerathai Santiprabhob, governor of the Bank of Thailand (BOT), and Sonexay Sitphaxay, governor of the Bank of Lao PDR, signed the MOU that aims to enhance the collaboration on financial innovation and payment services to promote more efficient and secured domestic and cross-border payment transactions, as well as to promote the usage of local currencies. 


The Nation