Cambodia's central bank picks Citi for offshore custody
CitiÆs first mandate in Cambodia comes as the National Bank of Cambodia looks to diversify its investments offshore.
The National Bank of Cambodia has selected Citi to provide global custodian services for its offshore investments.
Under the mandate, Citi will safe keep the Cambodian central bank's assets in addition to providing outsourcing, performance measurement, compliance monitoring, investment administration and accounting services. The central bank is Citi's first client in the kingdom, complementing its existing presence in other Southeast Asian countries.
According to the International M…
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