Private banks hike lending to SMEs

SMALL and medium enterprises in Myanmar will soon get greater access to finance as private banks plan to extend more credit to boost the economy, according to speakers at the Amcham Financial Services Forum held last week. Zaw Lin Aung, managing director of KBZ Bank, the largest private bank in Myanmar with the largest retail […]

Don’t wait too long to invest in Myanmar’s growth

Western investors have been patiently observing Myanmar’s growth story – but wait too long and you’ll miss out, say KBZ’s Nyo Myint and Zaw Lin Aung. After 50 years of isolation under military rule, Myanmar’s economy has been slowly opening up in the past few years. That may pick up pace now that Aung San […]