The Republic of the Union of Myanmar

Central Bank of Myanmar

List of Mobile Financial Services Providers

မြန်မာနိုင်ငံတော်ဗဟိုဘဏ်မှ မိုဘိုင်းငွေရေးကြေးရေးဝန်ဆောင်မှုလုပ်ငန်းဆောင်ရွက်ခွင့်ပြုထားသည့် လုပ်ငန်းအဖွဲ့အစည်းများ

Sr.No.

Name of Company

Date of Registration CertificateIssued

Head-Office Address

1.

Digital Money Myanmar Limited

(Brand Name-Wave Money)

28.9.2016

No.84, 7th Floor, Uni Team Marine Building, Pan Hlaing Street, Sanchaung Township, Yangon.

2.

Ooredoo Myanmar Fintech Limited

(Brand Name-M-Pitesan)

26.7.2017

Myanmar Center Tower 1, No. 192, Kabaraye Pagoda Road, Bahan Township, Yangon.

3.

Internet Wallet Myanmar Limited

(Brand Name-OK$)

31.8.2017 No.(321), Bogyoke Aung San Road, Kyauktada Township, Yangon.
4.

Mytel  Wallet International Myanmar Company Limited

(Brand Name- MytelPay)

18.10.2018 No.(61-63), Zoological Garden Road, Dagon Township, Yangon.
5.

MPT Money Company Limited

(Brand Name- MPT Money)

1.10.2019

No.(43), Bo Aung Kyaw Road, Lower Block, Kyauktada Township, Yangon.

 

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date 23rd October 2020

Reference Exchange rate
(WA market rate)
1,289.5
Interbank Market WA rate 1,289.1
Bank-customer Market WA rate

1,290.2

CBM announces daily Reference Exchange Rate every working day at 4:00 PM, based on deals between 9:00 AM and 3:00 PM.

  • Methodology on determination of Reference Exchange Rate is available here

MMK Exchange rate for other currencies are available here (forex.cbm.gov.mm)

Interest Rate(%)
Central Bank Rate 7%pa
Minimum Bank Deposit Rate 5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

10%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2018-2019 FY
(October to September)
6.80 %
Annual Rate of Inflation
(August 2020)
6.43 %
Year on Year Inflation
(August 2020)
1.84 %

     Source : Ministry of Planning and Finance