Co-operative Bank (CB) is preparing to launch a new Credit Guarantee Insurance (CGI) system so that it can extend wider financial assistance to the country’s small and medium enterprises (SMEs). CGI covers businesses against non-payment of debts owed to them by business customers for goods or services provided on credit terms. As part of that […]
New insurance scheme to provide aid in obtaining loans
September 21, 2017 by Thiha
Filed Under: Latest News Tagged With: bad debt, CB, CB Bank loans, CB-KfW loans, Central Bank of Myanmar, CGI, CGI law, Co-operative Bank, Credit Guarantee Corporation, Credit Guarantee Insurance, Daw Naw Al Phaw, Daw Yi Yi Khaing, General Manager of Myanmar Insurance, Japan International Cooperation Agency, JICA, Kanbawza Bank, Loans, managing director of CB Bank, Mayangone, MI, Myanmar Citizens Bank, Myanmar Shwe Saung Bank, New insurance scheme, Small and Medium Enterprises, SME Development Center, SME term loans, SME-CGI loans, SME-JICA two-step loans, SMEs, SMIDB Bank, Thiri Mon, U Khin Maung Win, Yangon
