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List of Private Banks

Sr.No

Name of Bank

Date of Licence

Issued

Head-Office Address
1 Myanmar Citizens Bank Ltd 25.5.1992 No-383/Mahabandoola Road,Kyuktada Township, Yangon

2.

First Private Bank Ltd

25.5.1992

No-619/621 Merchant Road , Pabedan Township,Yangon

3.

Co-operative Bank Ltd

3.8.1992

No-334/336 Corner of Strand Road and 23rd street, Latha Township, Yangon

4.

Yadanabon Bank Ltd

27.8.1992

No-58(A) 26 Bayintnaung Street Between 84*85 Street, Aung Myay Tharzan Township, Mandalay

5.

Myawaddy Bank Ltd

1.1.1993

Plot B-1 Near Thiriyadana Super Market, Hotel Zone, Naypyitaw

6.

Yangon City Bank Ltd

 

19.3.1993

 

Coner of the Settyon Street & Banyerdala Street Mingalar Taung Nyunt Township,Yangon

7.

Yoma Bank Ltd

26.7.1993

No-1, Kungyan street Mingalar Taung Nyunt Township,Yangon

8.

Myanmar Oriental Bank Ltd

26.7.1993

No-166/168 Pansodan Road Kyauktada Township, Yangon

9.

Tun Commercial Bank Ltd

 

8.6.1994

 

No-165/167 Bo Aung Kyaw Road(Middle), Kyauktada Township Yangon

10.

Kanbawza Bank Ltd

8.6.1994

615/1, Pyay Road, Kamayut Township, Yangon

11.

Small & Medium Enterprises Development Bank Ltd

12.1.1996

Plot No-2, Oktayathiri Quarter, Naypyitaw

12.

Global Treasure Bank Ltd

9.2.1996

No-654/666 Merchant Road Pabedan Township, Yangon

13.

Rual Development Bank Ltd

26.6.1996

Plot-2, Compound of Thiriyadanar Super Market, Naypyitaw

14.

Innwa Bank Ltd

15.5.1997

No-550/552 Corner of Merchant Road and 35th Street Kyuktada Township, Yangon

15.

Asia Green Development Bank Ltd

2.7.2010

No-168, Thiri Yatanar Shopping Complex, Zabu Thiri Township, Nay Pyi Taw

16.

Ayeyarwady Bank Ltd

2.7.2010

Block (111, 112), High Grade Market, Datkhina Thiri Township, Nay Pyi Taw

17.

uab Bank Limited

2.7.2010

uab Tower@Times City Level 21, Kyun Taw Road, Kamaryut Township, Yangon

18.

Myanma Apex Bank Ltd

2.7.2010

Block (10), Asint Myint Zay, Yaza Thingaha Road, Oattara Thiri Township, Nay Pyi Taw

19.

Naypyitaw Sibin Bank Limited

 

28.2.2013

 

Shopping Complex No(25/26), Yazathingaha Road, Oaktarathiri Township, Nay Pyi Taw

20. Myanmar Microfinance Bank Limited 2.7.2013 Sayar San Plaza, Corner of New University Avenue & Sayar San Road, Bahan Township, Yangon
21. Construction, Housing and Infrastructure  Development Bank Limited 12.7.2013 No.(60), Shwedagon Pagoda Road, Dagon Township, Yangon
22. Shwe Rural and Urban Development Bank Limited 28-7-2014 No.(420), Merchant Road, Botataung Township, Yangon
23. Ayeyarwaddy Farmers Development Bank Limited(A Bank) 17-11-2015 No. (33), Corner of Mahar Bandoola Road and Myaing Haymar Road, Ward (3), Pathein
24. Glory Farmer Development Bank Limited (G Bank) 8.6.2018 No. (149), Corner of Bogyoke Road & Circular Street,  South Monywa  Quarter, Monywa City
25. Mineral Development Bank Limited 6.7.2018 No.(66), Kabar Aye Pagoda Road, Mayangone Township, Yangon
26. Myanma Tourism Bank Limited 9.7.2018 No. (437/A), Pyay Road, Ward (8), Kamayut Township, Yangon
27. Farmers Development Bank-Mandalay(FDB) 19.2.2020 No.(Ma-23(1)/B), Between 66 and 67 Street, Theipan Road, Chan Mya Tharsi Township, Mandalay

List of branches of private banks

1. Myanmar Citizens Bank's Branches List
2. First Private Bank's Branches List Detail
3. Yadanabon Bank's Branches List Detail
4. Myawaddy Bank's Branches List Detail
5. Yangon City Bank's Branches List Detail
6. Yoma Bank's Branches List Detail
7. Myanmar Oriental Bank's Branches List Detail
8. Tun Commercial Bank's Branches List Detail
9. Kanbawza Bank's Branches List Detail
10. Small & Medium Enterprises Development's Branches List Detail
11. Global Treasure Bank Limited Branches List Detail
12. Rual Development Bank Limited Branches List Detail
13. Innwa Bank's Branches List Detail
14. Co-operative Bank's Branches List Detail
15. Asia Green Development Bank's Branches List Detail
16. Ayeyarwaddy Bank's Branches List Detail
17. uab Bank's Branches List Detail
18. Myanma Apex Bank's Branches List Detail
19. Myanmar Microfinance Bank Limited Detail
20. Naypyitaw Sibin Bank Limited Detail
21. Construction and Housing Development Bank Limited Detail
22. Shwe Rural and Urban Development Bank Limited Detail
23. Ayeyarwaddy Farmers Development Bank Limited (A Bank) Detail
24. Glory Farmer Development Bank Limited (G Bank) Detail
25. Mineral Development Bank Limited Detail
26. Myanma Tourism Bank Limited Detail
27. Farmers Development Bank-Mandalay(FDB) Detail

 

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date:12th August 2020

Reference Exchange rate
(WA market rate)
1,372.9
Interbank Market WA rate 1,373.7
Bank-customer Market WA rate

1,371.8

  • 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
(May 2020)
8.35 %
Year on Year Inflation
(May 2020)
4.21 %

     Source : Ministry of Planning and Finance