Ayeyarwady ATMs in Myanmar accept MasterCard, Maestro/Cirrus

Myanmar’s Ayeyarwady Bank has announced that its automated teller machines will accept cash withdrawals by customers using MasterCard and Maestro/Cirrus cards. This means more ease and convenience for the million visitors expected to converge on Myanmar during the 27th Southeast Asian Games to be held in Nay Pyi Taw from December 11-22. AYA Bank has […]

Foreign banks get gradual access to market

Though foreign banks are hoping to enter the banking market in Myanmar as quickly as possible, more regulation and infrastructure – and a number of intermediary arrangements – are needed before that can happen, officials told an international banking and finance conference in Yangon on July 16. Daw Naw Eh Hpaw, deputy director general of […]