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October 17, 2018

KBZ Bank crowned with Bank of the Year in Myanmar for five consecutive years

KBZ Bank’s Chairman U Aung Ko Win accepts Bank of the Year Awards 2017.  Photo: Supplied
KBZ Bank’s Chairman U Aung Ko Win accepts Bank of the Year Awards 2017.  Photo: Supplied

The Financial Times based in London held a ceremony to award the “Bank of the Year Awards 2017” at Hilton London Bankside Hotel on 29 November and Kanbawza Bank (KBZ) has been named Bank of the Year in Myanmar 2017, a title it has held for five consecutive years.
The best banking awards for 2017 were also won at the ceremony by banks from 141 countries including Lloyds Banking Group in England, China Citic Bank in China, DBS Bank in Singapore and Mitsubishi UFJ Financial Group in Japan.
KBZ Bank was chosen as the winner for its important role in improvement of the economy of Myanmar, being the most reliable bank for the people in Myanmar, achievements in improving banking services and system efficiency, the establishment of more than 1,000ATM machines and more than 500 bank branches nationwide, issuing more than 1,300,000 Prepaid/Credit cards with more than 20,000 staff nationwide, for an owning a large share of the market, granting an increasing in amount of loans to businesses year by year, providing safe and secure service in cooperation with world famous international technology companies likes Oracle and Microsoft, providing modern services in local and international by establishing a safe and secure network in cooperation with Hughes in the US and AsiaSat satellite companies, showing higher income and profits, the improvement of the calibre of its staff, the use of modern equipment, connectivity with other international banks, assisting in emergence of successful new business persons, attracting foreign investment to Myanmar by opening oversea bank branches, bringing the role of Myanmar to a higher role in the economic sector in the Asia, and being number one on the country’s tax -paying list for five years consecutively and taking a leading role in philanthropic works in the country with more than K138 billion donation.—Thura Lwin (Eco)


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