Banking in Myanmar

Kbz Bank

KBZ Bank, established in 1994, is the largest privately owned bank in Myanmar and the first to have expanded internationally, with representative offices in Singapore, Thailand and Malaysia. With staff, more than 480 branches nationwide and 40% market share of both retail and commercial banking, KBZ is leading the way for Myanmar’s rapidly developing financial services industry through an approach that understands the unique context of the country’s economy as it transitions towards a digital future. As Myanmar’s economy expands and opens up, KBZ sees an exciting opportunity to work with further international investors, providing a critical bridge to Myanmar’s fast-growing cities, entrepreneurs and local communities.

10001+ staff

Cb Bank Pcl

CB Bank is one of the largest leading private banks in Myanmar with the largest banking network with branches, self-service machines and mobile banking agents. CB Bank has been the front runner in the local banking arena for being the early adopter of technology and innovation backed by our extensive knowledge of local markets and technical expertise. To offer the best banking solutions to the customers, CB Bank leverages on the most secure, reliable and state-of-the-art technology while recruiting the best and brightest talents from around the world. Over the years, CB Bank has expanded its banking services and branch networks all over the country. The Bank has grown from a small bank with 33 people in 1992 to a major bank in Myanmar with more than employees. Even before Myanmar emerged as one of the fastest growing economies in the region, CB Bank has always been ahead of the curve especially in terms of digital transformation and strategic partnerships. Some of the most notable “first” products CB Bank delivered in Myanmar are • VISA and MASTER card transaction at ATMs • Centralized Core Banking Systems • Mobile and Internet banking • Mobile Agent Banking • CRM Machines CB Bank offers a variety of banking services ranging from retail banking, consumer financing, cash management, cards & merchant services, corporate finance & advisory, international trade, treasury and transaction banking. It is also dedicated to providing financial inclusion through its partnership with various local and international organizations. CB Bank has partnered with KfW, JICA and Myanma Insurance to provide customized loans for SMEs in Myanmar. In addition, CB Bank works with Myanmar Post Offices to provide agent banking services to further expand banking networks in Myanmar.

5001 to 10000 staff

Uab Bank

uab bank stands as a leading financial institution in Myanmar, celebrated for its innovative transformation and forward-thinking leadership in the country’s dynamic banking landscape. Our commitment to excellence has earned us prestigious recognition, including being named Myanmar’s Best Bank by Euromoney in 2019, 2020, and 2022. Global Finance has also honored us as the Best Bank in Myanmar for 2021, 2023, and 2024. Adding to our accolades, we received the Excellence Award for Sustainable Finance at the ESGBusiness Awards in 2024. Our achievements go beyond international acclaim. Domestically, uab bank has secured 1st and 2nd place rankings in the Pwint Thit Sa Report (2020 and 2022), published by the Myanmar Centre for Responsible Business. In 2023, we were named one of Myanmar’s Best Companies to Work for, chosen by employees in JobNet’s Employees’ Choice Awards. Founded in 2010, uab bank has grown rapidly, now serving an expanding customer base through more than 87 branches across 56 townships in Myanmar. We offer a full suite of financial services, including consumer banking, premier banking, SME banking, corporate banking, trade finance, and treasury services. Our subsidiary, uab securities, provides brokerage services, corporate and financial advisory, investment banking, and capital market activities. At uab bank, our mission extends beyond traditional banking. We are passionate about driving positive change in Myanmar by humanising banking, connecting people, creating opportunities, and transforming lives. In 2017, we introduced the “Be The Change Myanmar” initiative, dedicated to empowering women and children as part of our commitment to social impact. In 2020, we took this further with the establishment of the uab Foundation, solidifying our dedication to responsible business practices and community engagement.

1001 to 5000 staff

Yoma Bank

As ‘the Responsible Bank’ for 30 years, Yoma Bank has been the fastest developing private bank in Myanmar. By strategically investing in our people, technology and governance, Yoma Bank has developed a trusted reputation within the community, which has been an essential part of establishing local and international partnerships to progressively move forward. Yoma Bank was the first local bank in Myanmar to welcome a foreign financial institution as its shareholder International Finance Corporation (IFC) converted investment loans in 2014 to equity on May 2019. As an affiliate of GIC, Greenwood Capital Pte Ltd, and Norfund have acquired stakes in Yoma Bank in early 2020 with total transactions is approximately MMK 130 Billion. We understand that each customer is unique, we pride ourselves on delivering a full range of banking services whether it be saving for a rainy day or bringing your business aspirations to reality. As ‘the Responsible Bank,’ we centre our core values to fulfil our commitment of being a trusted partner through all stages of life. Our core values are embedded in the way we work and how we intend to be with our customers. We aim to be customer centric by putting customer interests first, while maintaining integrity to the highest degree and working together as a team to serve our customers, respecting those around us and always pushing ourselves to be innovative. Pioneering Myanmar’s digital banking initiatives such as automated lending platforms that seamlessly integrates into our SMART banking application, we are determined to change the dynamics of traditional banking into a landscape that delivers more for our people.

1001 to 5000 staff

Aya Bank

AYA Bank, licensed by the Central Bank of Myanmar on July 2nd, 2010, stands as the country's second-largest bank, serving over 3.2 million customers across its network of 262 branches. Our success can be attributed to our extensive and loyal customer base, which has fueled our rapid growth. In terms of our financial standing, AYA Bank has a paid-up capital of MMK 140 billion, total assets valued at MMK 7 trillion, and equity of MMK 309 billion. As a proud member of the United Nations Global Compact (UNGC), we are dedicated to upholding global standards in corporate governance and compliance, integrating best practices into our management and operations. Our primary business strategy revolves around offering comprehensive banking and financial solutions, focusing on enabling growth and enriching the lives of our customers. We have attracted and retained a talented workforce with diverse domestic and international experience. Furthermore, we have made significant investments in Learning & Development to ensure sustainable long-term growth for the communities we serve. AYA Bank takes pride in being the leading provider of Auto Loan Products in Myanmar, holding a market share of 34% in the new car lending market. Embracing the shift towards cashless transactions and payments, we have successfully transformed 52% of our active customers into Digital Banking users. Through digitalization, human resource development, and innovative products and services, we consistently create value for our strategic investment partners across all customer segments. We remain dedicated to fostering strong relationships with our customers, delivering best-in-class customer service, and leveraging technology to expand our customer base. Additionally, we aim to strengthen our governance, risk, and compliance structure to ensure a balanced and sustainable growth trajectory. With our commitment to financial inclusion, we strive to serve millions of customers nationwide.

5001 to 10000 staff

Myanmar Citizens Bank - Mcb

Established in 1992, Myanmar Citizens Bank (“MCB”) is one of the oldest private commercial banks in the country and the first bank to be listed on the Yangon Stock Exchange. With a healthy balance sheet and strong management team, it is currently enjoying one of the fastest growth rates in Myanmar. MCB has a diverse shareholder base, a board with well experienced directors and a senior management team with a wealth of experiences in banking across Myanmar and the Asia Pacific region. Its board and management team bring a disciplined governance framework fostering strong ethical values and transparency to its business model. MCB has been traditionally focused on Commercial and SME segments. It is now rapidly expanding into Corporate and Retail banking segments distributing innovative and competitive products and services through a network of nearly 50 branches across 26 cities in the country. Over committed and dynamic banking professionals serve MCB’s fast-growing client base in a friendly and efficient environment. In 2019, MCB signed a wide-ranging long-term consultancy and partnership agreement with the International Finance Corporation (“IFC”), the private sector arm of the World Bank, embarking on a three-year transformation journey to modernize and build its banking operations along with best-in-class product and service offerings.

501 to 1000 staff

Mab

This is the official LinkedIn page of MAB (Myanma Apex Bank) where righteousness, excellence, growth and loyalty meets. Myanma Apex Bank Ltd (MAB) was incorporated on 2nd July, 2010 and opened its first branch office in Naypyitaw on 17th August, 2010. Since inception, we have extended our branch network steadily to facilitate commercial development and investment across all of Myanmar as well as to better serve our growing customer base through a larger banking network. Customer deposits have grown significantly since inception, due to our deliver of quality service, reliable performance, customer satisfaction and trust among the general public. We have within the bank both local and external talents with many years of professional experience in domestic and international banking. MAB invests extensively in technology and human resources to sustain our future long-term growth and to stay ahead amidst growing competition. For domestic banking, we provide a comprehensive range of deposit products, financing options for large and small businesses through loans, overdraft and hire purchases, reliable and extensive ATM, POS service via the Myanmar Payment Union (MPU), VISA and MASTER card network. For international banking, we provide foreign trade finance as well as worldwide payment services with partners, including Western Union, VISA, Master Card, China Union Pay and other major card organizations. Other services include gift cheques, payment orders and local remittance and other ancillary services.

1001 to 5000 staff

Shwe Bank

Shwe Bank obtained a commercial, investment or development banking license from Central Bank of Myanmar on 28th July 2014. Our Head office and very first branch was opened on 11th January 2016 in Yangon, Myanmar."To give efficient banking services in both rural & urban areas" is our goal. Shwe Bank is also a member of Myanmar Payment Union (MPU) and Myanmar Banks Association. Not only the domestic retail banking, Shwe Bank is also on International trade services, Electronic Banking (Debit & Credit Cards, ATM, POS), Mobile & Internet Banking and also in Agent Banking. Currently, Shwe Bank has ten branches in Yangon, Mandalay, Mawlamyine, Nay Pyi Taw, Bago and Pyay.

501 to 1000 staff

Chid Bank

Promising Futures

501 to 1000 staff

Myanmar Metro Bank

Myanmar Metro Bank (MM Bank) is a dynamic financial institution founded in 2013. With 14 branches nationwide and a dedicated team of 350 employees, we're committed to delivering innovative solutions tailored to our customers' needs. We draw on strategic expertise and industry knowledge to support local businesses and individuals in achieving their financial goals. Vision Building Bridges and Powering Prosperity: We envision a future where we bridge the gap between people, businesses, and opportunities, fostering economic growth and shared prosperity within Myanmar. Mission • To become the trusted and preferred bank for customers, serving as a reliable partner for their savings, financial needs, and business operations. • To create a supportive and enriching workplace where our employees can learn, grow, and thrive both personally and professionally. • To provide a trusted venue for shareholders to invest their capital and receive sustainable returns, while upholding transparency and effective governance.

201 to 500 staff

G Bank

As new banking services expand in Myanmar’s economic sector, G Bank is a home-grown commercial bank formed under the Financial Laws by Central Bank of Myanmar.

1001 to 5000 staff

Mob - Myanmar Oriental Bank

Myanmar Oriental Bank(M.O.B) Limited was incorporated as a private limited bank under the Financial Institutions of Myanmar Law and started its operations on 18 November 1993. Its founding members were prominent bankers retired from state-owned banks, family members holding the majority of shares, their close friends and relations from the business circle. Over the past 20 years, the bank has played an important role with stability and success in domestic banking in Myanmar by contributing its efficient and reliable banking services to the promotion of financial intermediation in the country. The bank currently accepts foreign currencies (USD, EUR and SGD) current, Myanmar kyat savings and fixed deposits within its present banking network of over 40 branches across the country. In addition, the bank also provides banking facilities and other financial assistance to its customers such as commercial loans, trustee and remittance services.

1001 to 5000 staff

Myanma Tourism Bank

Myanma Tourism Bank (MTB BANK)

501 to 1000 staff

Uranus Group Of Companies

Trusted Partner of many Globally Recognized Brands such as Kisan, LuCell, MNZ, CR2, GRG Banking, Gunnebo & Chubbsafes

201 to 500 staff

Fdb Bank

Farmers Development Bank (Mandalay) aspires to become a top-tier, digital-first, SME-focused commercial bank in Myanmar.

501 to 1000 staff

Agd Bank

Asia Green Development Bank Limited (AGD Bank) aims to deliver banking excellence through inspired and outstanding customer service, while offering innovative products and services that meets our clients’ requirements. Myanmar is embarking on several decades of fundamental changes. The future will look very different and it will be full of opportunities that will touch every aspect of the lives of the people of Myanmar. At AGD Bank, our vision is to provide the vitally important banking infrastructure that will make a lasting and sustainable impact on this future, building the economic foundations for a progressive Myanmar. In order to achieve our vision, we will deliver banking excellence through inspired and outstanding customer service. We will strive in everything we do to set our own unique industry-leading standards for banking excellence. We will accomplish this by always focusing on future opportunities and translating these into a commitment to outstanding levels of service, delivered day after day to each and every customer, helping them fulfil their needs and achieve their aspirations.

1001 to 5000 staff

Myanma Tourism Bank

10001+ staff

Aya Pay

AYA Pay is a mobile payment platform that is delivering a new era of digital finance for Myanmar. Everyone can now benefit from sending and receiving safe, secure and instantaneous payments - anywhere, anytime. AYA Pay is connecting people and businesses through the touch of a smartphone, working in partnership with other digital companies to create an ecosystem of enriching payment experiences. MM (Unicode): AYA Pay သည် မြန်မာပြည်၏ ခေတ်သစ် ဒစ်ဂျစ်တယ်ဘဏ္ဍာရေးကဏ္ဍတွင် ထိုးဖောက်လာမည့် မိုဘိုင်းငွေပေးချေမှုစနစ်တစ်ခုဖြစ်သည်။ လုံခြုံ၊ စိတ်ချ၊ မြန်ဆန်သည့် ငွေပေးချေမှုကို အချိန်မရွေး၊ နေရာမရွေး လူတိုင်းဆောင်ရွက်နိုင်မည်ဖြစ်သည်။ ပိုမိုခေတ်မီကောင်းမွန်သည့် ငွေပေးချေမှု အတွေ့အကြုံများကို ရရှိစေနိုင်ရန်အတွက် AYA Pay သည် ဒစ်ဂျစ်တယ်ကုမ္ပဏီများနှင့် ပူးပေါင်းဆောင်ရွက်နေပြီး စီးပွားရေးလုပ်ငန်းများနှင့် လူတစ်ဦးတစ်ယောက်ချင်းစီကြား စမတ်ဖုန်းတစ်လုံးရှိရုံဖြင့် လုပ်ငန်းများ လွယ်ကူပေါက်မြောက်စွာ ပြီးစီးနိုင်ရန် ချိတ်ဆက်ပေးလျက်ရှိသည်။

201 to 500 staff

First Private Bank

The Bank You Can Trust.

501 to 1000 staff

Md Bank

MD Bank was established as a public bank company limited on January 20, 2016 as certificate by DICA new registration No. 102383451 under Myanmar Companies Law (2017) in place of former Registration No.3246/2015-2016(Ygn). The Bank was permitted to carry out banking business under license No. MaBhaBa/Pa Ba -26/07/2018 dated on 6th July,2018 issued by the Central Bank of Myanmar (CBM) according to Section 57 of the Central Bank of Myanmar Law. The principal activities of the Bank are to provide banking and financial services as prescribed by Section 52 of Financial Institution of Myanmar Law. There have been no significant changes in the nature of these principal activities during the financial year. The registered office of the Bank is No.66, Kabaraye Road, Mayangone Township, Yangon Region, Republic of the Union of Myanmar. Currently, we have four branches in two branches in Yangon, one in Naypyitaw and another one in Mandalay. Headquarter is in Kabaraye, Yangon. Yangon (Kabaraye Branch) started to operate on 15 November 2018, Naypyidaw branch is in 7 August 2019, and Mandalay branch is in 9 September 2019 respectively. We successfully opened our new Shwe Bon Thar branch in Yangon and started to operate on 24 Janaury 2022.

501 to 1000 staff

Sme-Development Bank

Our Bank History Small and Medium Enterprise Development Bank (SME–Development Bank) was formerly known as Myanmar Industrial Development Bank (MID Bank). It was founded in 1996 and commenced operation to 2010 as Semi Government bank. In 2010, the bank has been reformed to public bank which stand - alone independently. The bank changed its name to SMID Bank and managed by Board of Directors who elected by shareholders of the bank. Change the Name in May 2019, as the Small and Medium Enterprise Development Bank called terms. The main objective of the bank was established to function as a development financial institution to nurture and meet the unique needs of small and medium enterprises (SMEs) through the provision of financial and non-financial services to SMEs. While SME Development Bank‘s role is to complement the products and services provided by other development and commercial banking institutions, the Bank was also established to strengthen the national implementation infrastructure through enhanced SME capacity.

501 to 1000 staff

Mob Bank

Myanmar Oriental Bank(M.O.B) Limited was incorporated as a private limited bank under the Financial Institutions of Myanmar Law and started its operations on 18 November 1993. Its founding members were prominent bankers retired from state-owned banks, family members holding the majority of shares, their close friends and relations from the business circle. Over the past 20 years, the bank has played an important role with stability and success in domestic banking in Myanmar by contributing its efficient and reliable banking services to the promotion of financial intermediation in the country. The bank currently accepts foreign currencies (USD, EUR and SGD) current, Myanmar kyat savings and fixed deposits within its present banking network of over 40 branches across the country. In addition, the bank also provides banking facilities and other financial assistance to its customers such as commercial loans, trustee and remittance services.

1001 to 5000 staff

Sme-Development Bank

Our Bank History Small and Medium Enterprise Development Bank (SME–Development Bank) was formerly known as Myanmar Industrial Development Bank (MID Bank). It was founded in 1996 and commenced operation to 2010 as Semi Government bank. In 2010, the bank has been reformed to public bank which stand - alone independently. The bank changed its name to SMID bank and managed by Board of Directors who elected by shareholders of the bank. Change the Name in May 2019, as the Small and Medium Enterprise Development Bank called terms. The main objective of the bank was established to function as a development financial institution to nurture and meet the unique needs of small and medium enterprises (SMEs) through the provision of financial and non-financial services to SMEs. While SME Development Bank‘s role is to complement the products and services provided by other development and commercial banking institutions, the Bank was also established to strengthen the national implementation infrastructure through enhanced SME capacity. OBJECTIVES SMEs playing a significant role for the development of our economy by creating employment opportunity and producing important alternative machines and machinery parts for saving huge foreign currency for our country. SME sector is becoming gradually a rising industrial sector of our country and contributing more and more to our export, this sector faces several common problems like lack of technical know- how, shortage of long-term financial support, lack of skilled workers, marketing link, R&D, knowledge on safety measures, hygiene, environmental pollution, etc. We need to acquire proper institutional knowledge in the fields of technological and managerial education and ask academics and researchers to work more vigorously for the sector’s rapid development. So as a part of our development strategy, we should intensify our efforts to develop this sector to grow industrial base and volume of foreign trade.

501 to 1000 staff

Myanmar Tourism Bank

As part of a plan to promote the tourism industry, the Myanmar Tourism Federation is to establish Myanmar Tourism Development Bank in Yangon, Mandalay and Nay Pyi Taw this year. The bank branches will be opened based on the amount of available investment capital.

11 to 50 staff