The Central Bank of Myanmar has urged consumers to stop trading cryptocurrencies amid fears that inexperienced users could lose money, Southeast Asian news outlet The Irrawaddy reported on May 3. In a ...

It is a busy day in the Kamayut branch of KBZ Bank in Yangon. Beneath a photograph of the bank’s chairman receiving an award for being the country’s biggest taxpayer, a woman in a green facemask is ...

YANGON, November 22, 2012 ---The World Bank and Myanmar marked an important milestone this month, with the Interim Strategy and National Community Driven Development (CDD) Project endorsed and ...

SINGAPORE, August 9, 2023/EINPresswire.com/ -- KBZ Bank, Myanmar’s largest privately-owned bank, has been recognised with the ‘Best Bank in Myanmar 2023’ award ...

Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given greater access to financial services and ...

A leading global money transfer service Western Union has stopped using a military-owned bank as one of its agents in Myanmar, rights groups said. Western Union is one among the most recognizable ...

WWF-Myanmar and CB bank held a seminar on 16th August 2016 which demonstrated how bank lending can have a direct positive or negative impact on the environment. 21 August 2016, Yangon: WWF-Myanmar and ...

The Central Bank of Myanmar (CBM) has revoked foreign exchange licences held by hotels, airlines and thousands of other businesses, in a bid to counter dollarisation. The new policy is effective from ...

Globally, World Bank Group COVID-19 support since April 2020 includes deployment of up to US$160 billion in financial support to help more than 100 countries protect the poor and vulnerable, support ...

Myanmar's Co-operative Bank Ltd. and MasterCard on Tuesday launched the first-ever card for Myanmar residents, a prepaid card for use overseas. The card, available to Myanmar residents who bank with ...

Australia & New Zealand Banking Group Ltd., three Japanese banks and five others on Wednesday won coveted licenses to operate in Myanmar after decades in which foreign lenders were frozen out of the ...

Nearly a year after the coup that overthrew Myanmar’s elected civilian government, the outlook for the country’s economy remains grim, with the World Bank predicting an anemic growth rate of 1 percent ...