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Waiting for change at Myanmar’s central bank

Myanmar’s central bank governor Kyaw Kyaw Maung has long been seen as an impediment to reform. But come July, he will be out and a new chief will be in, heralding, it is to be hoped, a new era of change Being a bank in Myanmar isn’t easy, with lenders of all sizes facing insuperable […]

Mobile money services make waves in Myanmar

Seven years ago, the country had virtually no formal banking sector. Now, its clunkier commercial lenders face extinction thanks to the arrival of exciting new mobile money services whose mission is to march onwards and upwards. Brad Jones wasn’t sure what to expect when he moved to Yangon in early 2015 to become chief executive […]

KBZ wins Best Bank in Myanmar from Finance Asia

In the ceremony for the best banks of 2017 from different Asian countries held by London based Finance Asia on 29 June, KBZ bank won the Country Awards for Achievement 2017: Best Bank in Myanmar, making it the second year in a row. Deputy General Manager of KBZ Bank Ltd. Daw Phyu Phyu Sein accepted […]