NBC describes itself as the central bank, acting as the country's monetary authority and as the supervisor of the banking system. It has the exclusive power to issue the riel.
What they do
It grants and revokes licences, issues regulations and supervises commercial and specialised banks, microfinance institutions, leasing companies, payment service providers, credit bureaus, foreign exchange businesses and similar entities. It also oversees the national payment system. Its Technology Risk and Innovation Supervision Department supervises technology, data protection and cybersecurity resilience risks at supervised institutions.
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