Myanmar

Myanmar

Foreign banks are allowed to provide commercial services to local businesses

08 Nov 2018

According to notification No. 6/2018 released on 8 November 2018, the Central Bank of Myanmar allowed all branches of foreign banks to provide commercial services such as financing and other banking services to local businesses.

Nature of measure:
  • Liberalization
Type:
  • Treatment and operation (Operational conditions )
Industry:
  • Services (Financial and insurance activities)
Inward FDI:
No
Outward FDI:
No
Sources: