Maybank to help Myanmar firms raise regional capital

Maybank will offer a number of services in Myanmar including project finance and corporate lending, said Pollie Sim, CEO of international business at the Malaysian bank. It will also be willing to help companies raise capital through regional equity or debt markets, she said at the launch of the bank’s Myanmar branch office on October […]

World’s largest bank ICBC opens its Yangon branch office

ICBC, which is the world’s largest bank, with a market capitalisation of US$240 billion, was one of nine foreign banks to be granted a provisional licence by the Central Bank of Myanmar last October. The nine were given a year to secure the final green light from the Central Bank and open a branch office, […]