How many banks are there in Myanmar?

There are a total of 31 local banks and 13 foreign branched banks in Myanmar.

Which bank is best in Myanmar?

Top Banks in Myanmar

  • The Top Banks in Myanmar Include:
  • Kanbawza Bank Limited (KBZ) …
  • Yoma Bank. …
  • Asia Green Development Bank (AGD Bank) …
  • Ayeyarwady Bank (AYA Bank) …
  • United Amara Bank (UAB) …
  • Co-operative Bank Limited (CB Bank) …
  • Innwa Bank Limited.

How many Kbz are there in Myanmar?

KBZ Bank is now Myanmar’s largest privately-owned bank, with over 500 branches. Headquartered in Yangon, Myanmar, KBZ Bank’s vision is to improve the quality of life in Myanmar through banking.

How many branches does CB have in Myanmar?

It became the first bank in Myanmar to issue ATM cards and credit cards. The bank, led by U Khin Mg Aye (Chairman) and U Kyaw Lynn (CEO) has over 200 branches across the country.

CB Bank.

Type Public
Industry Banking
Founded August 21, 1992
Headquarters Yangon, Myanmar
Number of locations 230 branches (2019)
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How many banks are there in the world?

The Bankscope Global Banking Database claims it has collected the data of 32 000 public and private banking institutions worldwide. (We think it contains approximately 7 000 quasi-banks.)

Is Myanmar a rich or poor country?

Myanmar is Asia’s seventh-poorest country. Myanmar’s per capita GDP is $1,207, just above Cambodia’s. About 26% of the population lives in poverty, and poverty is twice as high in rural areas, where about 70% of the population lives.

Is Myanmar poor?

The economy of Myanmar has a nominal GDP of USD $76.09 billion in 2019 and an estimated purchasing power adjusted GDP of USD $327.629 billion in 2017 according to World Bank. … This will make Myanmar one of the poorest countries in Southeast Asia.

Who owns Kbz?

Shareholding Statistics. KBZ Bank is privately owned by Daw Nang Lang Kham, Daw Nang Kham Noung, and family. Outside of the family, the remaining directors and senior management have 0% shareholding interest in the bank.

Can I transfer money from Kbz to CB?

KBZ Bank account holders will be able to transfer money to other banks in Myanmar after the bank launched its digital interbank transfer system on December 15. “Digital money transfer can now be done easily and safely between local banks,” said KBZ deputy managing director Mr Robin Chua.

Who is the CEO of KBZ Bank?

Michael DeNoma (2017–)

How many Aya banks are there in Myanmar?

Ayeyarwady Bank

Headquarter of Ayeyarwady Bank
Headquarters Yangon , Myanmar
Number of locations 261 branches (March 2020)
Key people Zaw Zaw (Group Chairman) Myint Zaw (Managing Director)
Products Financial services
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What is CB Bank long name?

Co-Operative Bank Ltd (CB Bank Ltd) is a private bank.

How do I check my Visa balance CB?

You are here

  1. You can enjoy the privileges and promotions by CB Bank and Visa where available.
  2. You can use the card on e-commerce channels.
  3. CB Bank customers may check their account balance in real time at www.cbbankcard.com.

Which is the richest bank?

How We Make Money

Rank Bank name Total assets
1 JPMorgan Chase & Co. $3.21 trillion
2 Bank of America Corp. $2.32 trillion
3 Wells Fargo & Co. $1.77 trillion
4 Citigroup Inc. $1.68 trillion

What’s the richest bank in the world?

ICBC -China Market cap: 1.94 trillion

The Industrial and Commercial Bank of China Limited is the wealthiest bank in the world according to market capitalization.

Which is the No 1 bank in the world?

Bank Rankings – Top Banks in the World

Current Rank Previous Rank BANK
1 1 Industrial & Commercial Bank of China Limited
2 2 China Construction Bank Corporation
3 3 Agricultural Bank of China Limited
4 4 Bank of China Limited
Notes from the road