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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 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]
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.
Ayeyarwaddy Farmers Development Bank (A Bank) [4] Co-operative Bank (CB Bank) [5] Myanmar Citizens Bank [6] Glory Farmer Development Bank (G Bank) Kanbawza Bank; Myanma Apex Bank; MD Bank; Myanmar Metro Bank; Myanmar Oriental Bank; Myanma Tourism Bank [7] Shwe Rural and Urban Development Bank (Shwe Bank) Tun Commercial Bank (formerly Tun ...
It provides trade finance and foreign exchange-related banking to the government, state enterprises, and the international community residing in Myanmar. [2] MFTB also manages Burma's official foreign currency reserves. [2] Until recent economic reforms, MFTB had a monopoly on foreign exchange and customer base. [2]
MEHL has a 45% share in Myanmar Brewery Limited (MBL), which manufactures Kirin Beer, [28] Myanmar Beer, ABC Stout and Anchor Beer. [citation needed] Myanmar Brewery Limited is a joint venture between MEHL and Japan's Kirin Company, which bought the 55% stake of Fraser and Neave Ltd in 2015. Prior to the acquisition, MEHL was involved in a ...
Wave Money was established in 2015 as a joint venture between Telenor Group, Yoma Bank, Yoma Strategic Holdings and First Myanmar Investment. [1] The founding CEO of Wave Money was Brad Jones, an experienced executive in mobile financial services who had also been the founder of Wing Cambodia in 2008.