Myanmar is located in Southeast Asia and its maritime border is the Andaman sea and in the south side Bay of Bengal. The country is bordered by Bangladesh, China, the Indian states of Nagaland, Mizoram and Manipur, Laos and Thailand. Myanmar population is around 51.4 million. It is also the biggest country. The country’s former capital and financial center is Yangoon but its new capital city is Naypyidaw since 2005. It is a planned city. The official language of the country is Burmese but Chin, Karen, Kachin, Mon, Rakhine and shan are also its regional language.
The Central Bank of Myanmar (CBM) was established in 1948, formerly known as the Union Bank of Burma. Central bank headquarters is located in Naypyidaw. The central bank of Myanmar is an independent autonomous boy which comes out from Parliament meeting. The bank is the central monetary authority of Myanmar. CBM is committed to ensuring price stability in the economical system. The central bank also supervises Myanmar’s financial organizations and Government-owned and private banks.
This is a helpful guide for anyone who wants to build his career or gather information about Banks in Myanmar. To learn more, please refer to our list of financial institutions.
Read Also: List of Banks in Qatar
The Central Bank of Myanmar
At a glance The central bank of Myanmar (CBM) all information
Headquarters: Naypyidaw
Established: 3 April 1948
Ownership: 100% state ownership
Governor: Kyaw Kyaw Maung
Central bank of Myanmar (Burma)
Currency: Myanmar kyat
Preceded by: Union Bank of Burma
Website: www.cbm.gov.mm
List of all Banks in Myanmar
For those who consider a career in the banking sector in Myanmar, this is the top list of banks in Myanmar is very helpful on where to start. To get more information, please refer to our list of financial institutions in Myanmar.
State-Owned Banks
- Myanmar Agricultural Development Bank
- Myanmar Economic Bank
- Myanmar Foreign Trade Bank
- Myanmar Investment and Commercial Bank
Semi-government banks
- Construction, Housing and Infrastructure Development Bank
- Global Treasure Bank
- Innwa Bank
- Mineral Development Bank
- Myawaddy Bank
- Naypyitaw Sibin Bank
- Rural Development Bank
- Yadanabon Bank
- Yangon City Bank
Private banks
- Asia Green Development Bank
- Asia-Yangon Bank
- Ayeyarwady Bank
- Ayeyarwaddy Farmers Development Bank
- Co-operative Bank (CB Bank)
- Myanmar Citizens Bank
- Kanbawza Bank
- Glory Farmer Development Bank (G Bank)
- Myanma Apex Bank
- Myanmar Microfinance Bank
- Myanmar Oriental Bank
- Myanma Tourism Bank
- Shwe Rural and Urban Development Bank (Shwe Bank)
- Tun Commercial Bank
- United Amara Bank
- Yoma Bank
- First Private Bank
- Small & Medium Enterprises Development Bank
Foreign banks
- State Bank of India
- MUFG Bank
- Sumitomo Mitsui Banking Corporation
- OCBC Bank
- United Overseas Bank
- Bangkok Bank
- Industrial and Commercial Bank of China
- Maybank
- Mizuho Bank
- Australia and New Zealand Banking Group
- Bank for Investment and Development of Vietnam (BIDV)
- Shinhan Bank
- E.SUN Commercial Bank
These are the best and selected banks in Myanmar. You can visit the site to gather more information. All links and official information are included herewith.