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Its immediate predecessor, the Myanma Agricultural Bank, was established in 1976, an offshoot of the Agricultural Finance division of the People's Bank. [3] MAB was renamed in 1990, and was reconstituted in 1997 under the Myanma Agricultural Development Bank Law.
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 ...
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 ...
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]
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.
Agricultural Bank may refer to: Agricultural Bank of China; Agricultural Bank of Greece, or ATEbank; Agricultural Bank of Iceland; Agricultural Bank of Libya;
The Central Bank of Myanmar was founded as the Union Bank of Burma on 3 April 1948 by the Union Bank of Burma Act, 1947 [2] [3] and took over the functions of the Rangoon branches of the Reserve Bank of India. [4]
uab was one of 4 private banks to commence operations in August 2010, the first new financial institutions in the country since the establishment of Innwa Bank in 1997. [3] [4] uab bank has a network of over 79 branches in 53 townships across Myanmar. Christopher Loh is the CEO of the bank.