Kanbawza bank (KBZ) has celebrated the opening of its 400th bank branch on west Shwegondaing Rd in Bahan township. KBZ opened in Myanmar in 1994 and now has 400 branches and 16,000 staff nationwide.
Kanbawza (KBZ) Bank was granted by the Monetary Authority of Singapore to open a representative office in Singapore. This is the second KBZ bank licensed to open an international office abroad after opening a Thai office in May.
The bank offers market research and liases between the two countries private sectors, offering information, regulatory requirements to customers wishing to do business between the two countries. KBZ also established KBZ Gateway Co Ltd, a subsidiary of Myanmar’s KBZ Group of Companies Ltd, using Oracal Flexcube Core Banking Software for better, faster, stronger international and local banking services.
ATM machines and digital payments such as Mobile Banking, Internet Banking, E-commerce and Online Shopping can be performed with the bank.
Thae Naing Oo