AMCM strengthens cooperation with Angola, Cape Verde

The Monetary Authority of Macao (AMCM) recently convened bilateral meetings with the National Bank of Angola and the Central Bank of Cape Verde to enhance collaboration on payment and settlement infrastructures. Held last week, the discussions featured AMCM’s presentation of its real-time payment systems for the MOP, HKD, and RMB. The parties also discussed optimizing payment channels and standardizing reporting formats. AMCM has maintained close ties with central banks of Portuguese-speaking countries, having signed cooperation agreements in 1999 and 2022.