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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.
In April 2016, the MRF urged the new Myanmar government to privatize the Myanmar Agricultural Development Bank to increase its loan capacity. [6] Myanmar Rice Federation organized the MRF Stakeholder Forum 2018, held in Naypyidaw on 7 March 2018. The MRF Forum was officiated and graced by Myanmar's State Counselor Aung San Suu Kyi.
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 ...
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; Agricultural Bank of Western Australia, now Bankwest; Bank Keshavarzi Iran (lit. Bank of Agriculture Iran) Nonghyup Bank, an agricultural bank in South Korea; Norwegian State Agriculture Bank
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]
A pair of San Francisco neighbors have been engaged in a bitter, 15-year legal feud — over a row of windows offering a gorgeous view of the bay that one resident claims encroaches on her ...
The Union Bank of Burma was opened at the corner of Merchant Road and Sule Pagoda Road and had the sole right to issue currency for the country. In 2013, the Central Bank of Myanmar became an autonomous and independent regulatory body by the Central Bank of Myanmar Law, which was enacted by the Myanmar parliament .