Myanmar’s Kanbawza Bank opens bureau in Bangkok

Kanbawza Bank (KBZ Bank) has non-stop a deputy bureau in Bangkok, a initial Myanmar bank to settle an general presence.

Earlier this year, KBZ Bank strictly perceived a looseness from a Bank of Thailand to open a bureau in a capital. The bank also recently performed a deputy looseness to open an bureau in Singapore, stability a designed enlargement within a Asean region.

Than Cho: comparison handling executive of KBZ Bank (Photo pleasantness of Kanbawza Bank)

Than Cho, comparison handling executive of KBZ Bank, pronounced a bureau would start charity financial and advisory services as shortly as probable to Myanmar people and to businesses in Thailand. 

“Naturally, Thai businesses are meddlesome in entering Myanmar. We wish they take advantage of a endless believe of Myanmar’s financial markets and join a flourishing shared trade between a dual countries,” he said.

Zeyar Sein Htut, KBZ Bank’s new arch in Thailand, pronounced a bank will concentration on activities such as marketplace research, liaising with a private zone and portion as a source of information, including regulatory mandate for doing business both in Thailand and Myanmar.

KBZ Bank wants to try opportunities to build family with, and eventually support to, a vast Myanmar race in a dominion — estimated during 3 million people — when they lapse to their home country.

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