ANNOUNCEMENT 08 Dec 2017
The Central Bank of Myanmar has allowed foreign banks in Myanmar to provide banking services to the exporters based in Myanmar.
NUMBER OF INTERVENTIONS
CBM Allows Foreign Banks to Provide Export Financing - Myanmar Business Today
Central Bank allows foreign banks to provide export financing - Myanmar Times
Central Bank of Myanmar (CBM) permitted a total of seven foreign banks to provide trade financing services in Myanmar to get better business and wider trade financing options - Thai Biz Myanmar
According to several news reports, on 8 December 2017, Myanmar's Central Bank allowed foreign banks to provide financing and banking services to domestic exporters. The banks willing to extend such services have to obtain a permit from the central bank.