NTSMyanmar 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.

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.

CB Bank is one of the largest leading private banks in Myanmar with the largest banking network with branches, self-service machines and mobile banking agents. CB Bank has been the front runner in the local banking arena for being the early adopter of technology and innovation backed by our extensive knowledge of local markets and technical expertise. To offer the best banking solutions to the customers, CB Bank leverages on the most secure, reliable and state-of-the-art technology while recruiting the best and brightest talents from around the world. Over the years, CB Bank has expanded its banking services and branch networks all over the country. The Bank has grown from a small bank with 33 people in 1992 to a major bank in Myanmar with more than 8,000 employees. Even before Myanmar emerged as one of the fastest growing economies in the region, CB Bank has always been ahead of the curve especially in terms of digital transformation and strategic partnerships. Some of the most notable “first” products CB Bank delivered in Myanmar are • VISA and MASTER card transaction at ATMs • Centralized Core Banking Systems • Mobile and Internet banking • Mobile Agent Banking • CRM Machines CB Bank offers a variety of banking services ranging from retail banking, consumer financing, cash management, cards & merchant services, corporate finance & advisory, international trade, treasury and transaction banking. It is also dedicated to providing financial inclusion through its partnership with various local and international organizations. CB Bank has partnered with KfW, JICA and Myanma Insurance to provide customized loans for SMEs in Myanmar. In addition, CB Bank works with Myanmar Post Offices to provide agent banking services to further expand banking networks in Myanmar.