KBZ Bank, Myanmar’s largest privately-owned bank, alongside its mobile payments platform KBZPay, has been recognized for excellence within the banking and mobile payments industry at the 15th Asian Banking and Finance (ABF) Retail Banking Awards and the 9th ABF Wholesale Banking Awards announced on 16 July 2020. To honor its dedication to driving financial inclusion … Read more
Daw Marlene Nang Kham Noung, Deputy CEO of KBZ Bank, was presented with the ASEAN Entrepreneur Award under the ‘Empowering Women’ category. The award, supported by South Korea’s Ministry of Foreign Affairs and the ASEAN Secretariat, recognizes Marlene as one of ASEAN’s top business leaders in 2020 for her outstanding contribution to deepening financial inclusion … Read more
Visa, the world’s leader in digital payments, today revealed more than half (58 percent) of Myanmar consumers are interested in transacting with financial institutions through digital platforms, according to the Visa Consumer Payment Attitudes Study. The study also found that almost half of Myanmar consumers (43 percent) are interested in making payments with biometric authentication. … Read more
uab bank wins Myanmar’s best bank award again from Euromoney at the annual honorable Euromoney Award for Excellence in 2020. uab bank, which was recognized as Myanmar’s best bank in 2019, was also awarded the second time in 2020. The Euromoney Awards for Excellence is an annual event that recognizes the world’s best bank. It … Read more
With the economic fallout from COVID-19 impacting small and medium-sized enterprises (SMEs) across Myanmar, KBZ Bank has introduced the COVID-19 Credit Assistance Program for SMEs to provide urgent financial relief to its existing and new SME customers. Under the program, which was launched on 11 June 2020, SMEs can apply for the following financing options, … Read more