Yoma Bank aims to revolutionise banking in Myanmar whilst promoting responsible lending, taps Experian decisioning-solutions

Yoma Bank looks to transform mass market access to unsecured loans through their Smart Credit solution, putting customers in control of their own credit decision-making
August 9, 2019

Yangon, Myanmar – Aug 9th, 2019 - Yoma Bank, one of the largest private banks in Myanmar, together with Experian, the world leader in information services, has revolutionised and made unsecured lending more accessible in Myanmar with the enhancement of its Smart Credit solution.

Read more...


Yoma Bank Launches Business Center in Mandalay to Provide Extensive Financial Services in Upper Myanmar

With better access to Yoma Bank financing, it has never been easier for enterprises in the region to expand business operations to a next level.
August 5, 2019

Yangon, Myanmar – Aug 5, 2019 - Yoma Bank launched a Business Center in July in Mandalay to accelerate its commitment to financial inclusion in upper Myanmar. The new Business Center is located at No. (D/2-20), Ward IV, corner of 62th street and Manaw Hari street, Chan Mya Thar Si Township, Mandalay.

Read more...


Proximity Finance Bolsters Rural Financing with 5 Billion MMK Loan from Yoma Bank

An estimated 12,800 farming families from rural areas in Myanmar will get access to a low-interest loan for their livelihood development.
July 22, 2019

Yangon, Myanmar – July 22, 2019 - Proximity Finance has signed a 5 billion MMK back-to-back funding agreement with Yoma Bank to support expanded micro lending to Myanmar’s smallholder farmers. Yoma Bank’s financing will go towards low-interest loans for an estimated 12,800 farming families.

Read more...


Yoma Bank Nominates Dean Cleland as Chief Executive Officer

July 15th, 2019

Yangon, Myanmar, July 15th, 2019 – Yoma Bank is pleased to announce that our Board of Directors has nominated Dean Cleland to succeed Hal Bosher as Chief Executive Officer of Yoma Bank. Subject to approval by the Central Bank of Myanmar, Mr. Cleland will take up his role in September 2019.

Read more...


IFC and Yoma Bank to Embark on a Historic Foreign Equity Investment in the Myanmar Banking Sector

Jun 17, 2019

Yangon, Myanmar - Jun 17 2019 – IFC, a member of the World Bank Group, has converted its loan provided in 2014 to 5% equity shareholding to Yoma Bank Limited, one of the largest banks in Myanmar. With this conversion, IFC becomes the first international investor in a commercial bank in Myanmar. This marks an important milestone in the country’s banking sector, boosting foreign direct investment in Myanmar.

Read more...


Yoma Bank and Experian awarded the Best Data and Analytics Initiative, Application or Programme at The Financial Technology Innovation Awards Programme 2019

May 30, 2019

Bangkok, May 30th 2019 – Yoma Bank and Experian were awarded the Best Data and Analytics Initiative, Application or Programme at The Financial Technology Innovation Awards Programme 2019. The awards ceremony was held in conjunction with The Future of Finance Summit, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region, held at the Shangri-La, Bangkok on May 30th 2019.

Read more...


Yoma Bank to Provide Digital Small Business Loans to SHOP.COM.MM Sellers

Sellers on SHOP.COM.MM Can Now Expand Their Business Operations with an Unsecured Small Business Loan from Yoma Bank
May 8, 2019

Yangon, Myanmar – 8 May 2019 – Yoma Bank introduced the Bank’s new unsecured small business loan product, SMART Credit Plus, to SHOP.COM.MM sellers. SHOP.COM.MM sellers will now be able to apply for SMART Credit Plus loans through an online platform, without needing to go to a branch, provide collateral, guarantors, or extensive documentation.

Read more...


Yoma Bank, Telenor Myanmar, and Ooredoo Myanmar Led “Workplace TransformX Myanmar” Event Advocating Workplace Inclusivity and Productivity

Workplace by Facebook Powers Instant Communication Delivering Yoma Bank, Telenor, and Ooredoo Employees Seamless Internal Communication Within Their Own Companies
May 3rd, 2019

Yangon, Myanmar – 3 May 2019 – Yoma Bank, Telenor Myanmar, and Ooredoo Myanmar led Workplace TransformX Myanmar event advocating workplace inclusivity and productivity. The three believe that a workplace should promote openness, welcome feedback, and drive inclusivity. And as such, they adopted Workplace by Facebook to transform their internal communication.

Read more...


Yoma Bank and Thant Myanmar Launched “A Lifetime of Plastic Consumption, 25 Years Ago and Today” Exhibits in Yangon, Nay Pyi Taw, and Mandalay

The Plastic Crisis Awareness Exhibits Spotlight the Increase in Plastic Consumption Over A Lifetime of An Average Myanmar Person from 25 Years Ago to Today
April 8, 2019

Yangon, Myanmar – 8 April 2019 – Yoma Bank and Thant Myanmar partnered together to promote public awareness about plastic crisis in Myanmar by highlighting how much one time use plastic consumption has increased over the past 25 years in Myanmar. As part of Yoma Bank’s 25th Anniversary 25for25 celebration, the Bank and Thant Myanmar have launched a series of 15 exhibits from March 2019 to June 2019 to raise awareness about “A Lifetime of Plastic Consumption, 25 Years Ago and Today”.

Read more...


Yoma Bank Provides Newly Unsecured sme financing to KARGO - Myanmar’s First Online Goods Transportation Service

MMK200 million loan will help the tech-based service perform same-day payments to truck drivers and more
March 21, 2019

Yangon, Myanmar – 21 March 2019 – Yoma Bank and Kargo today announced that it has signed an SME loan agreement with online goods transportation service Kargo on 11 March 2019. Under the agreement, Yoma Bank will provide unsecured financing based on Kargo’s Accounts Receivable.

Read more...


Twenty-One Teams Competed in The FinLit Hackathon, Myanmar’s First Financial Literacy Hackathon Competition

Myanmar Tech Community Hacked for Good to find Digital Solutions to Promote Financial Literacy Led by Yoma Bank, Oracle, and Phandeeyar
March 12, 2019

Yangon, Myanmar, March 12, 2019 – A 48-hour Financial Literacy hackathon, FinLit Hackathon*, which aimed to improve Myanmar’s financial literacy, took place in Yangon from March 8th to 10th. Yoma Bank, Oracle, and Phandeeyar partnered to bring the emerging tech-and

Read more...


Yoma Bank Leverages Oracle Solution as it Moves into the Digital Era

Myanmar’s Most Forward-Thinking Bank Chooses Oracle for Data Analytics
Feb 22, 2019

Yangon, Myanmar, February 22, 2019 – Yoma Bank today announced that it will leverage Oracle solution, to create a hybrid data analytics platform, aimed at serving internal business users and allowing management to make decisions based on insights derived from the analysis

Read more...


Yoma Bank, Oracle, and Phandeeyar To Set A Financial Literacy Hackathon Competition in Yangon, Myanmar

The Semi Collateralized MMK 2.2 Billion Funding Agreement will Benefit Lending to Five Thousand New Customers
Feb 13, 2019

Yangon, Myanmar – February 13, 2019 – Yoma Bank, Oracle, and Phandeeyar aimed to improve Myanmar’s financial literacy by setting a financial literacy hackathon, FinLit Hackathon*, in Yangon from March 8th to 10th.

Read more...


Mahar Bawga Finance Company Limited (MBF) And Yoma Bank Signed A Funding Agreement

The Semi Collateralized MMK 2.2 Billion Funding Agreement will Benefit Lending to Five Thousand New Customers
Feb 1, 2019

Yangon, Myanmar – February 1, 2019 – Yoma Bank and Mahar Bawga Finance Company Limited (MBF) signed a MMK 2.2 billion funding agreement in support of MBF's operations in Myanmar on 1st February. With the funding provided by Yoma Bank, MBF aims to reach an additional five thousand new customers.

Read more...


Hal Bosher Takes on New Role as Director of Financial Services – Yoma Group; Nominated to Yoma Bank Board of Directors

Jan 16, 2019

Yangon, Myanmar – January 16, 2019 – Hal Bosher has been nominated on to the Board of Directors of Yoma Bank and will be taking on a new role as Director of Financial Services in the Yoma Group's CEO office.

Read more...


Yoma Bank’s JZü Gains Momentum After Successfully Being Launched Since July

JZü, Myanmar’s First Prize-Linked Account, Is Becoming Attractive to Those Who Want A Chance to Double Their Deposits
Dec 17, 2018

Yangon, Myanmar – December 17, 2018 – It was just five months ago when Yoma Bank introduced its new JZü account. JZü, a Prize-Linked Account (PLA) offers a 3% an annual interest rate and a chance to double the account’s monthly minimum balance every month.

Read more...


Yoma Bank and MC Easy Microfinance Company Limited Signed Two MMK 4 Billion Funding Agreements

With the agreements, the two parties are aiming to promote the credit access to Micro-Entrepreneurs and Small Business Owners in Six Regions across Myanmar.
Oct 15, 2018

Yangon, Myanmar – October 15, 2018 – Yoma Bank and MC Easy Microfinance company limited (“Easy Microfinance”) signed two funding agreements of total MMK 8 billion (MMK 4 billion each). The first agreement was successfully completed in September.

Read more...


Yoma Bank and BRAC Myanmar Microfinance Company Limited Strengthen Their Partnership with A New Funding Agreement

This New MMK 6.8 Billion Will Enable Microfinancing Access to 15,000 Families
Oct 8, 2018

Yangon, Myanmar – October 8, 2018 – Yoma Bank and BRAC Myanmar Microfinance Company Limited (BRAC) signed their second funding agreement on MMK 6.8 billion, to strengthen their partnership in shaping financial inclusion in Myanmar. With these new funding resources, BRAC will be able to expand its inclusive microfinance services for women and low-income families living in poverty and outskirts areas of the cities.

Read more...


Yoma Bank and Myanmar CP Livestock Introduce their Joint Innovative Financing Program

Yoma Bank’s Agribusiness Finance Program (AFP) Aims to Support the Livelihood Development of Local Livestock Farmers
Sep 28, 2018

Yangon, Myanmar – Sep 28, 2018 – Yoma Bank signed an innovative loan agreement with the authorized dealers of Myanmar CP Livestock (MCPL), a leading agro-industry and food business in Myanmar. The purpose of the loan is to facilitate livestock dealers & farmers with working capital to buy animal feed from Myanmar CP Livestock.

Read more...


Yoma Bank’s JZü Gains Momentum with Tremendous Increase of the Public’s Interest

The Second JZü Draw Event Awarded 23 Winners for The Month of August
Sep 14, 2018

Yangon, Myanmar – Sep 14, 2018 – Yoma Banks hosted its second draw event of the prize - linked account JZü at Junction City, Yangon on 13th September. 32 winners of JZü accounts were awarded during the draw for the month of August with a prize pool of MMK 36,124,625 MMK. Since the first JZü draw event last month, Yoma Bank has seen a significant increase of people opening JZü accounts.

Read more...


Yoma Bank Innovates Digital Banking Experience in Myanmar with SMART

First Bank in Myanmar To Launch A Convenient Online Account Application Process
Aug 31, 2018

Yangon, Myanmar – Aug 31, 2018 – One year ago, Yoma Bank launched SMART, a convenient digital banking product with multiple benefits for its customers. Yoma Bank was the first bank in Myanmar to launch a bank account opening application via an easy online application process.

Read more...


Yoma Bank Signs a Funding Agreement with VisionFund Myanmar

The Funding to Support the Continued Growth of Microfinance Business in 12 Regions
Aug 17, 2018

Yangon, Myanmar – Aug 17, 2018 – Yoma Bank and VisionFund Myanmar (VFM) signed a funding agreement of MMK 7B, equivalent (Circa USD 4.9M) on August 13. This funding agreement offers and services additional loans to VFM’s clients in rural areas, and especially benefits Myanmar’s agricultural sector.

Read more...


Yoma Bank Launches Its Innovative Prize-Linked Account Under Call Deposit Account Category Known as JZü

Aug 10, 2018

Yangon, Myanmar – Aug 10, 2018 – Yoma Bank successfully launched its new and innovative product called JZü, Prize- linked account under call deposit account category, and the very first JZü draw event for the month of July was held at Junction city, Yangon on August 9th to a vibrant crowd.

Read more...


Pact Global Microfinance Fund (PGMF) And Yoma Bank Signed A USD 11.5 M or MMK 15.85 BL Funding Agreement

The Funding Will Encourage Greater Lending To 40,000 Families in Myanmar
July 20, 2018

Yangon, Myanmar – July 20, 2018 – On July 18th, 2018, Yoma Bank and Pact Global Microfinance Fund (PGMF) signed a USD 11.5M local currency equivalent (circa MMK 15.85B) funding agreement in support of PGMF’s microfinance operations in Myanmar. Yoma Bank is one of Myanmar’s largest banks with over 3,000 staff and 75 branches nationwide. Since 1997, PGMF’s microfinance operations have reached 1,492,554 individuals, over 98 percent of whom are women, in 12,891 villages from 73 townships.

Read more...


Early Dawn Microfinance (DAWN) and Yoma Bank Signed a USD 10M Funding Agreement

The Facility Enables Additional Lending to 30,000 Micro Entrepreneurs Across Myanmar
May 30, 2018

Yangon, Myanmar – May 30, 2018 – Yoma Bank and Early Dawn Microfinance Company Limited (DAWN) signed a USD 10M local currency equivalent (circa MMK 13.5B) funding agreement in support of DAWN’s microfinance operations in Myanmar. Yoma Bank is one of Myanmar’s largest banks with over 3,000 staff and 74 branches nationwide.

Read more...


Advans and Yoma Bank Signed Three Financial Agreements in Support of Advans’ Microfinance Funding Activities in Mandalay and Sagaing Regions

May 24, 2018

Yangon, Myanmar – May 24, 2018 – Over the course of March 2018, Advans Myanmar and Yoma Bank closed three financial transactions. The deals included two cross currency swaps for USD 700,000 and a back-to-back term loan of MMK 1,000,000,000.

Read more...


Myanmar Finance International Limited (MFIL) And Yoma Bank Signed A Funding Agreement

USD 6 Million Local-Currency Equivalent MMK 8 Billion Funding Agreement in Support of MFIL’s Microfinance Funding Activities in Myanmar
April 20, 2018

Yangon, Myanmar – April 20, 2018 – Myanmar Finance International Limited (MFIL) is a microfinance institution that offers services to nearly 54,000 borrowers in Yangon and Bago, with an aggregate loan book of over MMK 11 billion. MFIL focuses on lending to micro-entrepreneurs, currently offering microfinance loans of up to MMK 3 million through 8 branch offices.

Read more...


Maha Agriculture Microfinance and Yoma Bank Sign a Funding Agreement

MMK 3.5 Billion Funding from Yoma Bank Will Drive Maha Agriculture Microfinance’s Lending Activities in Myanmar
April 10, 2018

Yangon, Myanmar – April 10, 2018 – Yoma Bank and Maha Agriculture Public Co. Ltd. (“Maha Agriculture Microfinance”) jointly announced the completion of a MMK 3.5 billion (USD 2.6 million) funding agreement on April 2nd, 2018 in support of Maha Agriculture Microfinance’s lending activities in Myanmar

Read more...


Mandalay Coffee Group and Yoma Bank Signed an Innovative Funding Agreement

Funding Agreement to Support Farmers in the Specialty Coffee Value Chain
March 19, 2018

Yangon, Myanmar – March 19, 2018 – Mandalay Coffee Group and Yoma Bank signed a MMK 800 million funding agreement in support of farmers in the specialty coffee value chain on March 7. This funding will enable the farmers to increase the volume and quality of specialty coffee being produced.

Read more...


BRAC Myanmar and Yoma Bank Signed an Innovative Funding Agreement

2 Billion MMK Funding Agreement to Drive Economic Growth of Women and Families in Both Urban and Rural Areas
March 08, 2018

Yangon, Myanmar – March 8, 2018 – Yoma Bank and BRAC Myanmar Microfinance Company Limited (BRAC) signed a MMK 2 billion funding agreement in support of BRAC’s microfinance activities in Myanmar on 21st February. BRAC currently offers services to more than 64,000 families across the country, with an aggregate loan book of MMK 12 billion. BRAC started microfinance operations in Myanmar in 2014, to extend inclusive financial services for families living in poverty.

Read more..


Explosion Incident at Yoma Bank Lashio Branch (1)

February 22, 2018

Yangon, Myanmar – Feb 22, 2018 – An explosion occurred on February twenty-first at approximately 4:47 p.m. after banking hours in our Yoma Bank Lashio branch (1) facility involving fourteen injuries and two deaths of Yoma Bank employees, who were located on the ground floor of the building.

Read more..


ADB Partners with Yoma Bank to Support SMEs in Myanmar

Yoma Bank to Provide Guarantees of up to $10 Million USD to Support ADB’s TFP Program
January 26, 2018

Yangon, Myanmar – Jan 26, 2018 – The Asian Development Bank’s (ADB) Trade Finance Program (TFP) and Yoma Bank today signed an agreement to provide guarantees of at least $10 million annually to support trade, especially for small and medium-sized enterprises (SMEs), in Myanmar.

Read more..


Yoma Bank and De Heus Launch Innovative Poultry Farmer Financing Plan

Yoma Bank’s Agribusiness Finance Program (AFP) Delivers Innovative Financing for Livestock Farmers
January 22, 2018

Yangon, Myanmar – Jan 22, 2018 – Yoma Bank signed its first innovative loan agreement that is set to revolutionize SME financing in the poultry sector. The purpose of the loan is to facilitate livestock farmers with working capital to buy animal feed from De Heus, a Dutch Feed Miller with factories in Yangon and Mandalay.

Read more..


Yoma Bank Swept Total 7 Awards at Myanmar Employer Award (2017)

Yoma Bank Was Named Overall Best of the Best Local Myanmar Employer of the Year
December 11, 2017

Yangon, Myanmar - Dec 11, 2017 – At Myanmar Employer Award (2017) held on December 9th, powered by Jobnet.com.mm, which celebrates top industry leaders across the country for their exceptional achievements and relentless commitment to employer excellence and talent management, Yoma Bank was awarded a total of 7 awards; Two Gold “Best Learning and Development Program” and “Best Use of Internal Marketing for Company Pride”,

Read more..


Yoma Bank Completes Successful Fusion Treasury Implementation with Finastra

New Front-to-Back Solution will Deliver Intuitive and Personalized Solutions for Yoma Bank’s Treasury Clients
October 19, 2017

Yangon, Myanmar – Oct 19, 2017 – On September 25th, 2017, Yoma Bank successfully implemented Fusion Treasury, powered by Opics, with Finastra. The new front-to-back Treasury solution is part of Yoma Bank's technology-led journey and its continued endeavor to deliver intuitive and personalized solutions for its treasury clients, while maintaining adequate controls, managing risks, continuing regulatory compliance, and improving efficiency.

Read more..


Golden City Partners with Yoma Bank to Offer Luxury Condo Units Under 15-Year Home Loan

Attractive Financing Program Allows Buyers to Enjoy High-End Residential Units with Instalment Plans Starting from USD 1,000 Per Month
September 29, 2017

Yangon, Myanmar – Sep 29, 2017 – Golden Land Real Estate Development Co., member of ETC Singapore LTD., partners with Yoma Bank to offer a 15-year home loan program to enjoy high-end units in its Golden City exclusive project, located in the fast-developing Yankin township near Inya Lake.

Read more..


FMO, In Partnership with VDB-Loi and Yoma Bank Holds A Two-Day Workshop Event in Yangon

“The Basic Guide to Foreign Legal Loan Agreements” Workshop Aims to Create a Platform for Sharing Knowledge of Myanmar Market
September, 2017

Yangon, Myanmar – Sep 5, 2017 – FMO, the Dutch Development Bank, in partnership with the law firm VDB-Loi, and Yoma Bank holds a two-day workshop event. “The Basic Guide to Foreign Legal Loan Agreements” workshop will take place on September 5th and 6th at Yoma Bank’s head offices in Yangon.

Read more..


A Myanmar Social Enterprise, Proximity Designs and Yoma Bank Signed an Innovative Funding Agreement

7.3 billion MMK Funding Agreement to Drive Financial Inclusion of Farmers and Rural Based Entrepreneurs
September, 2017

Yangon, Myanmar – Sep 5, 2017 – Proximity Designs and Yoma Bank signed an innovative back-to-back funding agreement for 7.3 billion MMK. Proximity Designs runs their micro-finance business unit, Proximity Finance, currently keeping a loan book of 20.5 billion MMK and 78,000 active clients.

Read more..


KBZ BANK AND YOMA BANK TAKE A LEAP FORWARD WITH THE FIRST HISTORIC REPURCHASE AGREEMENT (REPO) IN MYANMAR

July, 2017

Yangon, Myanmar – July 25 2017 – KBZ Bank and Yoma Bank have entered into the first repo transaction in Myanmar.

A repurchase agreement (repo) is a form of short-term borrowing for a dealer in government securities. The dealer sells the government securities to a counter-party, usually for a short term and buys it back on an agreed date. For the party selling the security, and agreeing to repurchase it in the future, it is a repo; for the party on the other end of the transaction, buying the security and agreeing to sell in the future, it is a reverse repurchase agreement.

Read more..


YOMA BANK Announced a Partnership with RABOBANK to Provide Financial Solutions to Myanmar’s Agriculture Sector

June 7, 2017

Yangon, Myanmar – Jun 7, 2017 – Yoma Bank announced a two-year partnership with Rabobank with the support of the Dutch Ministry of Foreign Affairs as represented by the Dutch Embassy. The envisaged outcomes of the partnership are to improve financial inclusion particularly in rural Myanmar, and to provide financial solutions to key stakeholders in the agriculture sector.

Read more..


Banking in Myanmar in the palm of your hand - Business Review Asia January 2017

January, 2017

Yangon, Myanmar, Jan 2017 – As emerging markets go, Myanmar is in a unique position. Just five years ago, a civilian government came to power, with the shift swiftly opening the country up to global markets and trade. This in turn presented a series of diverse challenges for the financial sector – the most pressing of which is to rapidly modernise in order to meet the needs of Myanmar’s people.

Read more..


Launch of Yoma Bank’s Agribusiness Finance Program (AFP) supported by LIFT

December 15, 2016

Yangon, Myanmar, Dec 2016 – Yoma Bank’s Agribusiness Finance Program (AFP) was officially launched in Yangon on December 15. AFP has been established to improve access to finance in Myanmar's agricultural sector. The Livelihoods and Food Security Trust Fund (LIFT) has contributed USD 11 million to the financing structure for the AFP program operated by Yoma Bank.

Read more..


Yoma Bank Drives “One Bank” Agenda Using Workplace by Facebook

October 17, 2016

Yangon, Myanmar, Oct 17 2016 – Myanmar’s banking sector has been characterized by limited of technology and communications infrastructure. Even today, many bank’s branches operate independently with limited connectivity to other branches that may be only a few blocks away.

Read more..


Wave Money Receives the First Mobile Financial Services Regulation Registration Certificate in Myanmar

October 3rd, 2016

Yangon, Oct 3rd-Wave Money, a joint venture mobile money-transfer service of First Myanmar Investment (FMI), Yoma Bank, and Telenor Group, receives the first Mobile Financial Services Regulation registration certificate in Myanmar on October 3rd.

Read more..


Yoma Bank Announces Chief Financial Officer

September 6th, 2016

Yoma Bank today announced Vijay Maheshwari is joining Yoma Bank as its new Chief Financial Officer (CFO), effective September 1st, 2016. Prior to joining Yoma bank, Vijay has held various positions of in the Standard Chartered Bank and its publicly listed associate companies, of which the last 10 years as CFO, across India, Hong Kong, Singapore, Korea, Indonesia, Vietnam and London.

Read more..


Myanmar’s Yoma Bank selects Misys for complete banking transformation

March 17, 2015

Misys Asia Market Forum, Hong Kong, Mar 17 2015 - Yoma Bank of Myanmar has selected Misys FusionBanking Essence for a complete front-to-back transformation of its core banking system. Misys, the leading financial software company is helping the bank expand its current services to launch mobile and online banking and venture into the lucrative trade finance business.

Read more..


'Stay tuned' for mobile banking services from Yoma and Telenor, say CEOs

November 24, 2014

Telenor and Yoma Bank are teaming up in mobile banking, aiming to provide basic financial services for millions of unbanked people in the country.

The two prominent firms have already started working together in some areas like hiring skilled workers and selecting an IT infrastructure, though they are now waiting for clarity on the regulatory regime that will govern the service.

Read more..


IFC and Yoma Bank Signing Ceremony, 16th September 2014 at MICC 2, Nay Pyi Taw

September 16, 2014

IFC, a member of the World Bank Group, has agreed to provide Yoma Bank Ltd. with a $5 million convertible loan and help the lender improve its risk management and corporate governance in support of the bank's growth strategy. The package is expected to help Yoma Bank expand lending to small and medium enterprises, a sector of Myanmar's economy in desperate need of financing to grow and create more jobs. The loan is the first step in IFC’s financial support for the bank, which may be further increased to up to $30 million in coming years.

Read more..

 

Contact Us

Tel : +95 1 9345 255, 9345 266
Email : [email protected]
Address : No.192, Level 8, Office Tower 2, HAGL Myanmar Center Tower, Kabar Aye Pagoda Road, Bahan Township, Yangon, Myanmar.

Yoma Bank Call Center 9662 or +95 97-9662-9662. No.192, Level 8, Office Tower 2, HAGL Myanmar Center Tower, Kabar Aye Pagoda Road, Bahan Township, Yangon, Myanmar. All rights reserved. Copyright © 2019. Website by Liquid Branding.