December 15, 2016

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Mizuho Bank opens in Yangon

Officials hit Japanese traditional drums at a cereremony to open Mizuho Bank in Yangon. Photo: MNA
Officials hit Japanese traditional drums at a cereremony to open Mizuho Bank in Yangon. Photo: MNA

YANGON — A ceremony was held to mark the opening of Japan’s Mizuho Bank Yangon branch on Wednesday at the Sedona Hotel.
The ceremony was attended by the visiting Deputy Prime Minister of Japan Mr Taro Aso and Union Ministers U Zeya Aung, U Win Shein, Dr Kan Zaw, Central Bank Governor U Kyaw Kyaw Maung, Japanese Ambassador to Myanmar Mr Tateshi Higushi and Mizuho Bank Chairman and CEO Mr Nobuhide Hayashi.
Union Minister for Finance U Win Shein, the Central Bank governor and Chairman Hayashi gave speeches at the event.
Central Bank governor U Kyaw Kyaw said the attendance of Japan’s Deputy Prime Minister symbolised the strong ties between Japan and Myanmar.
Mizuho Bank is one of the largest banks in Japan. It has over 500 branches in 38 countries and 55,000 employees worldwide. The bank is known for providing assistance to small and medium enterprises.
Mizuho Bank representatives said it would contribute to developing Myanmar’s human resources.—MNA

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