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NAYPYITAW (Reuters) - Myanmar's central bank has backed off from a demand that the country's private banks clear most of their loan books by January, averting a cliff-edge scenario that some bankers ...

It is a busy day in the Kamayut branch of KBZ Bank in Yangon. Beneath a photograph of the bank’s chairman receiving an award for being the country’s biggest taxpayer, a woman in a green facemask is ...

YANGON, November 22, 2012 ---The World Bank and Myanmar marked an important milestone this month, with the Interim Strategy and National Community Driven Development (CDD) Project endorsed and ...

Myanmar's central bank denied a U.N. report that the country's military government can still access money and weapons for its war against anti-coup forces, saying financial institutions under the bank ...

FILE PHOTO: People line up outside a bank to withdraw cash, in Yangon (Reuters) - Myanmar's currency has lost more than 60% of its value since the beginning of September, driving up food and fuel ...

YANGON: The Central Bank of Myanmar (CBM) announced that 29 companies on the blacklist have been removed from the blacklist, ...

Australia & New Zealand Banking Group Ltd., three Japanese banks and five others on Wednesday won coveted licenses to operate in Myanmar after decades in which foreign lenders were frozen out of the ...

The Central Bank of Myanmar (CBM) has revoked foreign exchange licences held by hotels, airlines and thousands of other businesses, in a bid to counter dollarisation. The new policy is effective from ...

The Central Bank of Myanmar has urged consumers to stop trading cryptocurrencies amid fears that inexperienced users could lose money, Southeast Asian news outlet The Irrawaddy reported on May 3. In a ...

Nearly a year after the coup that overthrew Myanmar’s elected civilian government, the outlook for the country’s economy remains grim, with the World Bank predicting an anemic growth rate of 1 percent ...

Globally, World Bank Group COVID-19 support since April 2020 includes deployment of up to US$160 billion in financial support to help more than 100 countries protect the poor and vulnerable, support ...