Thailand
Myanmar: Myanmar’s Kanbawza Bank opens office in Bangkok
Myanmar: Myanmar’s Kanbawza Bank opens office in Bangkok
Wednesday, 3 August 2016 – Kanbawza Bank (KBZ Bank) has opened a representative office in Bangkok, the first Myanmar bank to establish an international presence.
Earlier this year, KBZ Bank officially received a licence from the Bank of Thailand to open the office in the capital. The bank also recently obtained a representative licence to open an office in Singapore,continuing its planned expansion within the Asean region.
Than Cho, senior managing director of KBZ Bank, said the office would start offering financial and advisory services as soon as possible to Myanmar people and to businesses in Thailand.
“Naturally, Thai businesses are interested in entering Myanmar. We hope they take advantage of our extensive knowledge of Myanmar’s financial markets and join the growing bilateral trade between our two countries,” he said. Read More?