Kanbawza Bank (KBZ) has begun issuing Visa credit cards, making it the second of Visa’s Myanmar partners to do so after the Central Bank of Myanmar (CBM) lifted restrictions last month. CB Bank was the first of the local banks to issue Visa credit cards in January, a week after the move by the […]
Visa and KBZ to Produce Kyat-Denominated Credit Cards
January 12, 2017 by
RANGOON — Burma’s KBZ bank and international payment provider Visa announced on Thursday that they would jointly issue new payment cards, after receiving the green light to do so from the Central Bank of Myanmar the day before. The Central Bank announced on Wednesday that international payment providers could now offer products and services in […]
YSX needs institutional investors, say industry figures
May 16, 2016 by
The Yangon Stock Exchange needs larger and more experienced investors to start trading as its current buyers lack experience, industry sources said at an Oxford Business Group capital market debate last week. The individual traders dominating the new bourse – also called retail investors – are poor at assessing a company’s financial health, analysing cash […]
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