ALL FOUR THAI banks in Myanmar are intensifying their efforts to secure banking licences in the belief that opening up of the industry will proceed despite opposition for local players. Representatives of Kasikornbank (KBank) and Krungthai Bank (KTB) recently joined conferences in Yangon, speaking their minds on what their banks have to offer to the […]
Thai banks line up for licences in Myanmar
June 16, 2014 by
The banking industry in Myanmar is a key strategic destination for Thai commercial banks as they plan for Asean integration after the Myanmar authority allows foreign banks to apply for operating licences there. Myanmar’s central bank said 42 foreign financial institutions with representative offices there applied for its restricted banking licences. The four largest Thai […]
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