Japanese Big Three megabanks aiding Myanmar

Provide assistance to government agencies and others on managing infrastructure loans.

Representative offices of Japan-based Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank and Sumitomo Mitsui Banking Corporation Bank are providing technical assistances to governmental departments, domestic banks and business associations to ensure that development loans from foreign governments and international agencies are being used effectively.

Japanese banks provide technical assistance on financial and banking services regarding the loans. The Japan International Cooperation Agency and respective government departments will handle the management of loans.

Japanese banks are conducting workshops on project loans and conducting training courses for finance officials. The workshops cover foreign investment, foreign currency exchange, bank services and challenges.

The Japanese government has forgiven loans Myanmar accumulated under military rule and also helped the new government obtain loans from the Asia Development Bank and World Bank.

The Japanese government will also grant new loans amounting to US$537 million.

Also Read

South Korean banks’ loan delinquency rate rise in February

PH’s BillEase clinched $5m investment from Credit Saison lending arm

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit