ASEAN payments

Leaders of ASEAN central bank sign a memorandum of understanding on regional payment connectivity at the sidelines of the G20 Leaders’ Summit held on Nov. 14, 2022 in Bali, Indonesia. The MOU concretizes the collaborative approach to enhancing cross-border payments in the Association of Southeast Asian Nations, according to Bangko Sentral ng Pilipinas Deputy Governor Mamerto Tangonan (right). With Tangonan are (from left) Bank of Thailand Deputy Governor Ronadol Numnonda, Monetary Authority of Singapore Managing Director Ravi Menon, Bank Indonesia Governor Perry Warjiyo, Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus and Deputy Governor Tangonan.