News

Military-appointed authorities in Myanmar are making progress in addressing its currency crisis, with the kyat stabilising and efforts underway to keep prices under control, a senior central bank ...
If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4 am, where the first 15 or 30 customers are given a plastic token that will allow them to enter the ...
Myanmar's central bank has ordered companies with up to 35% foreign ownership to convert foreign exchange into the local currency, state media reported on Monday, extending a rule aimed at ...
KBZ Bank is Myanmar’s largest privately-owned bank, with over 500 branches. Headquartered in Yangon, Myanmar, KBZ Bank's vision is to improve the quality of life in Myanmar through banking.
Running a bank during the Covid-19 crisis in Myanmar is hard enough. Throw in a military coup and the situation becomes far worse. Privately owned uab bank faced these challenges head on, winning ...
World Bank economists say Myanmar's economy grew 3% last year and will likely achieve the same pace in 2023, but still lags far behind where it stood before the army seized power in early 2021.
Myanmar's Co-operative Bank Ltd. and MasterCard on Tuesday launched the first-ever card for Myanmar residents, a prepaid card for use overseas.
Myanmar Awards Foreign Bank Licenses. ANZ, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Among Banks to Operate in Myanmar. By . Shibani Mahtani, Enda Curran. and . Atsuko Fukase.
Item 1 of 5 People line up outside a bank to withdraw cash, in Yangon, Myanmar May 13, 2021. REUTERS/Stringer [1/5] People line up outside a bank to withdraw cash, in Yangon, Myanmar May 13, 2021.
Running a bank during the Covid-19 crisis in Myanmar is hard enough. Throw in a military coup and the situation becomes far worse. Privately owned uab bank faced these challenges head on, winning ...