The Myanma Foreign Trade Bank (Burmese: မြန်မာ့နိုင်ငံခြားကုန်သွယ်မှုဘဏ်; abbreviated MFTB) is a state-owned bank specializing in foreign banking.[1] Its provides trade finance and foreign exchange-related banking to the government, state enterprises, and the international community residing in Myanmar.[2] MFTB also manages Burma's official foreign currency reserves.[2] Until recent economic reforms, MFTB had a monopoly on foreign exchange and customer base.[2]
The bank was established under the Financial Institutions of Myanmar Law of 1990.[1]
References
^ ab"Myanma Foreign Trade Bank". Ministry of Finance and Revenue. 2015. Retrieved 1 July 2015.
^ abcNehru, Vikram (April 2015). "Developing Myanmar's Finance Sector to Support Rapid, Inclusive, and Sustainable Economic Growth" (PDF). Asian Development Bank. Retrieved 1 July 2015.
March 23, 2023
myanma, foreign, trade, bank, burmese, ဘဏ, abbreviated, mftb, state, owned, bank, specializing, foreign, banking, provides, trade, finance, foreign, exchange, related, banking, government, state, enterprises, international, community, residing, myanmar, mftb, . The Myanma Foreign Trade Bank Burmese မ န မ န င င ခ က န သ ယ မ ဘဏ abbreviated MFTB is a state owned bank specializing in foreign banking 1 Its provides trade finance and foreign exchange related banking to the government state enterprises and the international community residing in Myanmar 2 MFTB also manages Burma s official foreign currency reserves 2 Until recent economic reforms MFTB had a monopoly on foreign exchange and customer base 2 Myanma Foreign Trade BankNative nameမ န မ န င င ခ က န သ ယ မ ဘဏ IndustryBankingPredecessorState Commercial Bank 1954 FoundedJuly 4 1990 1990 07 04 HeadquartersNo 80 86 Mahabandoola Garden Street Kyauktada Township Yangon MyanmarWebsitewww wbr mmftb wbr gov wbr mmThe bank was established under the Financial Institutions of Myanmar Law of 1990 1 References Edit a b Myanma Foreign Trade Bank Ministry of Finance and Revenue 2015 Retrieved 1 July 2015 a b c Nehru Vikram April 2015 Developing Myanmar s Finance Sector to Support Rapid Inclusive and Sustainable Economic Growth PDF Asian Development Bank Retrieved 1 July 2015 Retrieved from https en wikipedia org w index php title Myanma Foreign Trade Bank amp oldid 1140794707, wikipedia, wiki, book, books, library,
