The Financial Action Task Force (FATF) kept Myanmar on its list of high-risk jurisdictions subject to a “call for action” when it issued its statement on 30 October 2026 at the plenary in Paris. According to the US Treasury’s FinCEN release of 30 October 2026, the FATF “also updated its public statement on Burma and … Read more
Over a roughly three-month span in 2026, two of Myanmar’s largest private banks each turned up on a criminal extortion group’s leak site. In June, the group LAPSUS$ claimed to have stolen more than 120GB of data from AYA Bank and threatened to publish it unless a ransom was paid by July 8, according to … Read more
Still carrying cash and making payments the traditional way wherever you go? Feeling overwhelmed choosing between different QR codes just to make a single payment? In today’s fast-paced digital age where technology is advancing rapidly on all fronts, shoppers no longer need to carry cash for every purchase. There’s also no need to download multiple … Read more
Farmers Development Bank – Mandalay, an aspiring digital-first, SME-focused commercial bank in Myanmar launched the “Share with Love” program to provide relief funds and aid to communities in need. Under the “Share with Love” program, FDB Bank – Mandalay has collaborated with Hnin Zi Gone Home for the Aged and Khine Hnin Wai Children Center … Read more
AGD Bank has begun the immediate cash withdrawal service for your interest at the highest rate of 9.35%. Customers can withdraw their interest if they deposit to the advance account and can transfer if they have already opened an interbank transfer account. Customers can deposit a year of savings starting from 1,000,000 kyats with cash, … Read more