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List of Foreign Banks Branches

List of Foreign Banks Branches

Sr No.

Bank Name

License Date

Date of business Commencement

1.

The Bank of Tokyo-Mitsubishi UFJ, Ltd

2-4-2015

22-4-2015

2.

Oversea-Chinese Banking Corporation Ltd

2-4-2015

23-4-2015

3.

Sumitomo Mitsui Banking Corporation

2-4-2015

23-4-2015

4.

United Overseas Bank Limited 30-4-2015 4-5-2015

5.

Bangkok Bank Public Company Limited 26-5-2015 2-6-2015

6.

Industrial and Commercial Bank of China 26-5-2015 1-7-2015

7.

 Malayan Banking Berhad (Maybank) 27-7-2015 3-8-2015

8.

Mizuho Bank Limited 27-7-2015 3-8-2015
9. Australia and New Zeland Banking Group Limited 29-9-2015 2-10-2015
10. The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) 30-6-2016 1-7-2016
11. Shinhan Bank 15-9-2016 20-9-2016
12. E.Sun Commercial Bank Limited 27-9-2016 3-10-2016
13. State Bank of India 27-9-2016 3-10-2016

 

 

Date : 20th Oct 2017

 

1362.0 / USD

More

Source : forex.cbm.gov.mm

Interest Rate(%)
Central Bank Rate 10% pa
Minimum Bank Deposit Rate 8%pa
Maximum Bank Lending Rate 13%pa
Economic Indicators (%)
GDP Growth 5.90 %
Annual Rate of Inflation 4.70 %
Year on Year Inflation 2.40 %

     Source : Ministry of Planning and Finance