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Representative Offices of Foreign Banks and Finance Company

Sr.N0 Name of Bank Date of Registration Certificate 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. Krung Thai Bank Public Company Limited 14.6.2012 20.12.2012
8. United Bank of India 19.6.2012 5.12.2012
9. Kasikornbank Public Company Limited 18.7.2012 9.1.2013
10. Woori Bank 25.10.2012 15.11.2012
11. Vietin Bank 12.12.2012 1.3.2013
12. Korea Development Bank 27.12.2012 12.6.2013
13. Standard  Chartered Bank 27.12.2012 5.2.2013
14. Industrial Bank of Korea 14.3.2013 23.4.2013
15. First Commercial Bank (New Licence  for Change of Management Office) 18.3.2013 30.4.2013
16. Bank of India (BOI) 7.5.2013         -
17. Kookmin Bank 4.6.2013 19.12.2013
18. Export-Import Bank of India 14.6.2013 9.9.2013
19. The Export-Import Bank of Korea 16.12.2013 20.1.2014
20. Eastern Bank Limited 26.3.2014 -
21. Bank of Ayudhya Public Company Limited 26.3.2014 -
22. RHB Bank Berhad 26.3.2014 -
23. Commercial Bank of Ceylon PLC 12.11.2014 -
24. Cathay United Bank 11.4.2014 -
25. State Bank of Mauritius 11.4.2014 -
26. BRED Banque Populaire 11.6.2014 -
27. Busan Bank Co., Ltd 23-6-2015 -
28. AEON Credit Service Company 20.7.2012 21.9.2012
29. PT. Bank Negara Indonesia (Persero)Tbk 23.6.2015 -
30. Bank of Taiwan  23.6.2015 -
31. Taishin International Bank Co., Ltd 23.6.2015 -
32. Taiwan Shin Kong Commercial Bank Co., Ltd 23.6.2015 -
33. CTBC Bank Co., Ltd 23.6.2015 -
34. Yuanta Commercial Bank Co., Ltd 23.6.2015 -
35. Taiwan Cooperative Bank Limited 23.6.2015 -
36. Taiwan Business Bank Limited 23.6.2015 -
37. Mega International Commercial Bank Co., Ltd 23.6.2015 -
38. Ho Chiminh City Development Joint Stock Commercial Bank 23.6.2015 -
39. Qatar National Bank 26.7.2015 -
40. Sampath Bank PLC 26.7.2015 -
41. Bank of China 12.8.2015 -
42. KEB Hana Bank (New Licence for Change of Name) 18.12.2015 18.12.2015
43. BTMU Leasing (Thailand) Co., Ltd 7.4.2016 -
44. ACLEDA Bank Plc. 7.4.2016 -
45. SATHAPANA  Bank PLC.(New Registration Certificate for Change of Name) 7.5.2012 28.7.2012
46. Chang Hwa Commercial Bank Limited 21.11.2016 -
47. Hua Nan Commercial Bank Limited 21.11.2016 -
48. Export-Import Bank of Thailand 6.3.2017 -

 

Date : 20th Sep 2017

 

1357.0 / USD

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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 4.91 %
Year on Year Inflation 2.30 %

     Source : Ministry of Planning and Finance