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The YSX building, located on the corner of Sule Pagoda Road and Merchant Street, formerly housed the Central Bank of Myanmar. [5] The neoclassical structure was designed by G Douglas Smart, and opened in 1939, as the Rangon branch of the Reserve Bank of India , and managed British Burma's financial system, even after its separation from British ...
The Myanmar Securities Exchange Centre (MSEC), located in Yangon, Myanmar, is one of the two stock exchanges in the country. The exchange, a 50-50 joint venture between the state-owned Myanma Economic Bank and the Daiwa Securities Group, currently lists only two securities, both of which are rarely traded. [2]
The Securities and Exchange Commission of Myanmar (Burmese: မြန်မာနိုင်ငံ ငွေချေးသက်သေခံလက်မှတ်လုပ်ငန်း ကြီးကြပ်ရေးကော်မရှင်, abbreviated SECM) is a financial regulatory authority that oversees Myanmar's liquid securities market, including the Yangon Stock Exchange.
Myanmar is a country rich in jade and gems, oil, natural gas and other mineral resources. In 2013, its GDP (nominal) stood at US$56.7 billion and its GDP ( PPP ) at US$221.5 billion. [ 1 ] The income gap in Myanmar is among the widest in the world, as a large proportion of the economy is controlled by supporters of the former military government.
This is the list of banks in Myanmar. There are a total of 31 local banks and 13 foreign branched banks in Myanmar. There are a total of 31 local banks and 13 foreign branched banks in Myanmar. [ 1 ]
The bank began trading on the Yangon Stock Exchange when it opened in 2016. [4] The bank was founded by Tay Za and was a subsidiary of parent company Htoo Group, whose 15% stake was sold to new shareholders. In 2016 Infosys provided AGD Bank with Finacle front and backend solutions for online banking systems. [5]
First Myanmar Investment (also abbreviated FMI) is a major Myanmar investment company founded in 1992 as one of Myanmar's first publicly traded companies. [1] It is a subsidiary of Serge Pun & Associates. [1] The company's headquarters are located in Pabedan Township, Yangon. [2] Real estate contributes to 87% of FMI's revenue. [1]
Myanmar Payment Union (MPU) is a Myanmar financial services corporation headquartered in Yangon, Myanmar. It provides bank card services and a major card scheme in Myanmar . MPU was founded on 15 September 2011 with total of 16 [ 1 ] members from both state and privately owned banks, and expanded to 23 members as of 19 Jan 2017.