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Based on 10 verified sources covering Myanmar, Thailand:
The former head of Kyrgyzstan’s National Bank is the latest to be detained in the expanding – and politically charged – Kyrgyzneftegaz probe. Melis Turgunbaev, who became head of the National Bank in June 2024, resigned on March 18. [1]
The Interim Central Bank (ICB) established by the civilian National Unity Government (NUG) will oversee the management of more than 44 billion kyats seized by resistance forces from five private banks in Kawlin town in Sagaing Region. [2]
RANGOON — Kanbawza (KBZ) Bank has weathered some severe storms since it was established in 1994, but now stands as Myanmar’s largest privately owned financial institution, with an estimated 94 billion kyat (US$94 million) in capital. [3]
Mizzima All private banks in Kyaukphyu, Rakhine State, have been closed as junta troops tighten security in Kyaukphyu and its suburbs. [4]
RANGOON — KBZ Bank is willing to sell a stake in its operations to a foreign investor if the law permits, according to a report. [5]
RANGOON — According to Burma’s Internal Revenue Department, Kanbawza (KBZ) Bank tops the list of corporate tax payers for 2014-15, along with army-owned companies. [6]
The junta’s recent reshuffle of the Central Bank of Myanmar (CBM)’s leadership seems unlikely to improve the country’s battered financial sector, which is reeling as a result of numerous missteps by the bank that have only aggravated the problems fac... [7]
The junta is now blaming some unnamed banks for Myanmar’s currency crisis and accusing them of disloyalty, an approach economist Sean Turnell—an expert on Myanmar’s economy—described as “simply perverse.” His comments follow a press conference held b... [8]
The former head of Kyrgyzstan’s National Bank is the latest to be detained in the expanding – and politically charged – Kyrgyzneftegaz probe. Melis Turgunbaev, who became head of the National Bank in June 2024, resigned on March 18.
The Interim Central Bank (ICB) established by the civilian National Unity Government (NUG) will oversee the management of more than 44 billion kyats seized by resistance forces from five private banks in Kawlin town in Sagaing Region.
RANGOON — Kanbawza (KBZ) Bank has weathered some severe storms since it was established in 1994, but now stands as Myanmar’s largest privately owned financial institution, with an estimated 94 billion kyat (US$94 million) in capital.
Mizzima All private banks in Kyaukphyu, Rakhine State, have been closed as junta troops tighten security in Kyaukphyu and its suburbs.
RANGOON — KBZ Bank is willing to sell a stake in its operations to a foreign investor if the law permits, according to a report.
RANGOON — According to Burma’s Internal Revenue Department, Kanbawza (KBZ) Bank tops the list of corporate tax payers for 2014-15, along with army-owned companies.
The junta’s recent reshuffle of the Central Bank of Myanmar (CBM)’s leadership seems unlikely to improve the country’s battered financial sector, which is reeling as a result of numerous missteps by the bank that have only aggravated the problems fac
The junta is now blaming some unnamed banks for Myanmar’s currency crisis and accusing them of disloyalty, an approach economist Sean Turnell—an expert on Myanmar’s economy—described as “simply perverse.” His comments follow a press conference held b
Mizzima A Chinese bank is promoting a direct payment system between the Myanmar Kyat and the Chinese Yuan it was announced on 25 September.
RANGOON — Eight months after the global money transfer giant started operations in Burma, Western Union says people in 107 countries have sent money to the previously sanctioned Southeast Asian country.