Title Financing Small and Medium Enterprises in Myanmar Author(s ...

from relatives and private money lenders remained the dominant form of financial
services in the informal sector and it was even more strengthened in recent years. This
type of culture largely impedes the development of formal sector banking and financial
sector.
Table: List of Domestic Private Banks in Myanmar (as of November 2005)
Number Name of Bank
Date of Issuance of
License
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Myanmar Citizen Bank Ltd
Yandanabon Bank Ltd
First Private Bank Ltd
Myawaddy Bank Ltd
Yangon City Bank Ltd
Yoma Bank Ltd
Myanmar Oriented Bank Ltd
Tun Foundation Bank Ltd
Kanbawza Bank Ltd
Asian Yangon International Bank Ltd
Myanmar Industrial Development Bank Ltd
Myanmar Livestock and Fishery Development Bank
Ltd
Sibin Tharyaryay Bank Ltd
Innwa Bank Ltd
May 25, 1992
August 27, 1992
May 25, 1992
January 1, 1993
March 19, 1993
July 26, 1993
July 26, 1993
June 8, 1994
June 8, 1994
March 17, 1994
January 12, 1996
February 9, 1996
June 26, 1996
May 15, 1997
15 Cooperative Bank Ltd (merger with former three N/A
cooperative banks)
Source: Central Bank of Myanmar, Myanmar Bank Information