More consumers in urban Myanmar are taking out loans to buy electronics, cars, even homes. A purple logo — that of Japan’s Aeon Financial Service, a provider of small loans to consumers who pay back the money in installments — is becoming easy to spot at one Yangon shopping center, especially at appliance and cellphone […]
Rising demand for home loans could stabilise property market
November 6, 2018 by
Housing loans and repayments of those loans in monthly instalments have begun to flourish in Myanmar’s real estate market since the beginning of this year, as more construction companies and real estate developers collaborate with banks to make home ownership more accessible. These days, banks are offering home loans at a specified interest rate and […]
Emerging Towns & Cities taps Yoma Bank to offer home loans in Yangon project
October 10, 2017 by
EMERGING Towns & Cities Singapore (ETC Singapore) is tying up with Yoma Bank to provide home loans for buyers of its Golden City project in Yangon, Myanmar. Under the strategic partnership, Yoma Bank will offer financing through 15-year home loans for up to 70 per cent of the purchase price, ETC Singapore, a property developer, […]
