The Republic of the Union of Myanmar

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Representative Offices of Foreign Banks and Finance Company

Sr.N0 Name of Bank Date of Licence Issued Date of Commencement
1. DBS Bank Limited 10.11.93 29.3.94
2. National Bank Limited 6.7.95 16.7.96
3. First Overseas Bank Limited 30.4.96 15.5.96
4. CIMB Bank Berhad (New Licence for Name of Change) 19.2.2008 19.2.2008
5. Arab Bangladesh (AB)Bank Limited 10.12.2010 6.6.2012
6. Siam Commercial Bank Public Company Limited 23.4.2012 23.12.2012
7. Maruhan Japan Bank PLC 7.5.2012 28.7.2012
8. Krung Thai Bank Public Company Limited 14.6.2012 20.12.2012
9. United Bank of India 19.6.2012 5.12.2012
10. Kasikornbank Public Company Limited 18.7.2012 9.1.2013
11. Woori Bank 25.10.2012 15.11.2012
12. Vietin Bank 12.12.2012 1.3.2013
13. Korea Development Bank 27.12.2012 12.6.2013
14. Standard  Chartered Bank 27.12.2012 5.2.2013
15. Industrial Bank of Korea 14.3.2013 23.4.2013
16. First Commercial Bank (New Licence  for Change of Management Office) 18.3.2013 30.4.2013
17. Bank of India (BOI) 7.5.2013         -
18. Kookmin Bank 4.6.2013 19.12.2013
19. Export-Import Bank of India 14.6.2013 9.9.2013
20. The Export-Import Bank of Korea 16.12.2013 20.1.2014
21. Eastern Bank Limited 26.3.2014 -
22. Bank of Ayudhya Public Company Limited 26.3.2014 -
23. RHB Bank Berhad 26.3.2014 -
24. Commercial Bank of Ceylon PLC 12.11.2014 -
25. Cathay United Bank 11.4.2014 -
26. State Bank of Mauritius 11.4.2014 -
27. BRED Banque Populaire 11.6.2014 -
28. Busan Bank Co., Ltd 23-6-2015 -
29. AEON Credit Service Company 20.7.2012 21.9.2012
30. PT. Bank Negara Indonesia (Persero)Tbk 23.6.2015  
31. Bank of Taiwan  23.6.2015  
32. Taishin International Bank Co., Ltd 23.6.2015  
33. Taiwan Shin Kong Commercial Bank Co., Ltd 23.6.2015  
34. CTBC Bank Co., Ltd 23.6.2015  
35. Yuanta Commercial Bank Co., Ltd 23.6.2015  
36. Taiwan Cooperative Bank Limited 23.6.2015  
37. Taiwan Business Bank Limited 23.6.2015  
38. Mega International Commercial Bank Co., Ltd 23.6.2015  
39. Ho Chiminh City Development Joint Stock Commercial Bank 23.6.2015  
40. Qatar National Bank 26.7.2015  
41. Sampath Bank PLC 26.7.2015  
42. Bank of China 12.8.2015  
43. KEB Hana Bank (New Licence for Change of Name) 18.12.2015 18.12.2015
44. BTMU Leasing (Thailand) Co., Ltd 7.4.2016  
45. ACLEDA Bank Plc. 7.4.2016  

 

Exchange Rate

Date : 2nd Dec 2016

1,308.0 / USD
Interest Rate(%)
Central Bank Rate 10% pa
Minimum Bank Deposit Rate 8%pa
Maximum Bank Lending Rate 13%pa
Economic Indicators (%)
GDP Growth 7.30 %
Annual Rate of Inflation 9.16 %
Year on Year Inflation 3.88 %

     Source : Ministry of Planning and Finance