Bangkok Bank boosts offshore focus, plans

Although Thailand’s largest bank, Bangkok Bank (BBL), already has the greatest foot-print overseas, it continues to look for further opportunities in the offshore market and plans to open at least four additional branches next year. One will be a sub-branch in Shanghai’s free-trade zone, and another will be located in Phnom Penh, with both branches […]

After securing licence, Bangkok Bank to upgrade skills of Myanmar employees

After receiving preliminary approval for a banking licence in Myanmar, Bangkok Bank’s next step is to recruit 20-30 mainly local employees under its policy to strengthen the banking skills of local staff. Chaiyarit Anuchitworawong, executive vice president, said yesterday that the bank has 12 months to prepare before receiving a full commercial banking licence, but […]

Shwe Thanlwin awarded banking licence

Shwe Thanlwin, one of the “privileged” companies with a diverse range of businesses in Myanmar, received a banking licence recently. The Central Bank of Myanmar issued the licence under the name “Shwe Rural and Urban Development Bank Ltd”. The new bank’s head office will be located at No. 420, Botahtaung Township in Yangon Region, according […]