More than half of Myanmar consumers are interested in using digital banking

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

KBZ Bank Supports Small and Medium-Sized Businesses in Myanmar with COVID-19 Credit Assistance Program for SMEs

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

KBZ MS Providing Free 50% Surplus Charges of Insurance

A general insurance company, KBZ MS, which is leading in the Myanmar insurance industry, would raise its service to current health insurance holders and new customers by providing a 50% surplus for COVID-19 protection without charging. KBZ MS is the insurance service which is the first to provide 50% surplus charges in insurance to whoever … Read more

Yoma Bank Protects Thousands of its Employees through Prudential Myanmar’s Group Life Insurance Plan

  Yoma Bank, one of the largest private banks in Myanmar, is providing PRUGroup Life, a life insurance solution offered by Prudential Myanmar Life Insurance Limited (Prudential Myanmar), to more than 3,000 employees across the country. The PRUGroup Life, a group term plan for companies and organizations, provides protection against financial loss should death, total … Read more