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The Myanma Agricultural Development Bank (Burmese: မြန်မာ့လယ်ယာဖွံ့ဖြိုးရေးဘဏ်; abbreviated MADB) is a government-owned bank specialized in providing financial services to agricultural enterprises in Myanmar (Burma), and is the largest financial institution of its kind.
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 ...
Agriculture in Myanmar (also known as Burma) is the main industry in the country, accounting for 60 percent of the GDP and employing some 65 percent of the labour force. [1] Burma was once Asia's largest exporter of rice , [ 2 ] and rice remains the country's most crucial agricultural commodity.
The Myanmar Agricultural Development Bank (MADB) provided seasonal loans to farmers that approximate to US $1.12 billion in 2018. [11] This loan is provided to a maximum of 10 acres of harvest able land with an 8% interest rate. [11]
The AGD Bank's Head Office and first branch was successfully opened on August 6, 2010 in Nay Pyi Taw under the organization of Htoo Group of Companies. In the past, AGD bank was 100% owned and operated by “Htoo Group of Companies” which is engaged in trading, energy and mining, construction, agriculture, hotel, travel and tourism business.
The Ministry of Agriculture and Irrigation (MOLI) is a ministry in the Burmese government responsible for agriculture and irrigation. Until 8 August 1996, it was named the Ministry of Agriculture. [ 1 ]
The development of livestock and fisheries sectors of the Republic of the Union of Myanmar was undertaken by the Ministry of Agriculture and Forestry up to the fiscal year of 1982–1983. In accordance with the decision of 3/6 cabinet meeting of State Council held on 10 February 1983, the Ministry of the Livestock and Fisheries was particularly ...
Burma Economic Bank was established as subsidiary of the State Commercial Bank (SCB) on 2 April 1976, under the Bank Act of 1975. The law reversed a 1967 law (The People's Bank of the Union of Burma Act of 1967), by splitting the People's Bank into four separate state-owned banks, namely the Union of Burma Bank (UBB), the Burma Economic Bank (BEB), the Burma Foreign Trade Bank (BFTB) and the ...