Myanmar Centre Competitors

KBZ Bank, established in 1994, is the largest privately owned bank in Myanmar and the first to have expanded internationally, with representative offices in Singapore, Thailand and Malaysia. With 18,000 staff, more than 480 branches nationwide and 40% market share of both retail and commercial banking, KBZ is leading the way for Myanmar’s rapidly developing financial services industry through an approach that understands the unique context of the country’s economy as it transitions towards a digital future. As Myanmar’s economy expands and opens up, KBZ sees an exciting opportunity to work with further international investors, providing a critical bridge to Myanmar’s fast-growing cities, entrepreneurs and local communities.

uab bank stands as a leading financial institution in Myanmar, celebrated for its innovative transformation and forward-thinking leadership in the country’s dynamic banking landscape. Our commitment to excellence has earned us prestigious recognition, including being named Myanmar’s Best Bank by Euromoney in 2019, 2020, and 2022. Global Finance has also honored us as the Best Bank in Myanmar for 2021, 2023, and 2024. Adding to our accolades, we received the Excellence Award for Sustainable Finance at the ESGBusiness Awards in 2024. Our achievements go beyond international acclaim. Domestically, uab bank has secured 1st and 2nd place rankings in the Pwint Thit Sa Report (2020 and 2022), published by the Myanmar Centre for Responsible Business. In 2023, we were named one of Myanmar’s Best Companies to Work for, chosen by employees in JobNet’s Employees’ Choice Awards. Founded in 2010, uab bank has grown rapidly, now serving an expanding customer base through more than 87 branches across 56 townships in Myanmar. We offer a full suite of financial services, including consumer banking, premier banking, SME banking, corporate banking, trade finance, and treasury services. Our subsidiary, uab securities, provides brokerage services, corporate and financial advisory, investment banking, and capital market activities. At uab bank, our mission extends beyond traditional banking. We are passionate about driving positive change in Myanmar by humanising banking, connecting people, creating opportunities, and transforming lives. In 2017, we introduced the “Be The Change Myanmar” initiative, dedicated to empowering women and children as part of our commitment to social impact. In 2020, we took this further with the establishment of the uab Foundation, solidifying our dedication to responsible business practices and community engagement.

AYA Bank, licensed by the Central Bank of Myanmar on July 2nd, 2010, stands as the country's second-largest bank, serving over 3.2 million customers across its network of 262 branches. Our success can be attributed to our extensive and loyal customer base, which has fueled our rapid growth. In terms of our financial standing, AYA Bank has a paid-up capital of MMK 140 billion, total assets valued at MMK 7 trillion, and equity of MMK 309 billion. As a proud member of the United Nations Global Compact (UNGC), we are dedicated to upholding global standards in corporate governance and compliance, integrating best practices into our management and operations. Our primary business strategy revolves around offering comprehensive banking and financial solutions, focusing on enabling growth and enriching the lives of our customers. We have attracted and retained a talented workforce with diverse domestic and international experience. Furthermore, we have made significant investments in Learning & Development to ensure sustainable long-term growth for the communities we serve. AYA Bank takes pride in being the leading provider of Auto Loan Products in Myanmar, holding a market share of 34% in the new car lending market. Embracing the shift towards cashless transactions and payments, we have successfully transformed 52% of our active customers into Digital Banking users. Through digitalization, human resource development, and innovative products and services, we consistently create value for our strategic investment partners across all customer segments. We remain dedicated to fostering strong relationships with our customers, delivering best-in-class customer service, and leveraging technology to expand our customer base. Additionally, we aim to strengthen our governance, risk, and compliance structure to ensure a balanced and sustainable growth trajectory. With our commitment to financial inclusion, we strive to serve millions of customers nationwide.