KBZ Brighter Future Myanmar Foundation (BFM) is the social initiative arm of KBZ Bank and KBZ Group of Companies.
In 2008, Executive Director of KBZ Bank Daw Nang Lang Kham and Daw Nang Kham Noung, co-founded BFM to help the cyclone Nargis Victims. The foundation was legally registered in 2014 to fully implement its five pillars of social commitments.
As the main financier of KBZ Brighter Future Myanmar Foundation, KBZ bank had allocated over US 103 million in charitable giving, sponsorships and community development projects.
KBZ Brighter Future Myanmar Foundation is the winner of “the best Philanthropic Organization in Myanmar2015 Award” for making the largest contributions to the development of the community and the country. Furthermore, BFM received the prestigious “Euromoney Achievement Award for CSR 2015” recognizing its life-changing Water Project in Southern Shan State and its broader commitments in CSR. Euromoney Achievement Award for CSR was given to only ten countries in the world and Brighter Myanmar Foundation is the first and only foundation in Asia to receive it. The mission of the Brighter Future Myanmar Foundation is to uplift the lives of the underdeveloped community members and to help eradicate poverty in the long-run through its five pillars of social commitments:
Since the Cyclone Nargis, BFM had been spearheading the disaster relief and recovery operations throughout the country. For the recent flooding in July 2015, BFM donated over US 7 million in relief aids and reconstruction of several states and divisions of Myanmar.
Granted by the Financial Regulatory Department (FRD) of Ministry of Finance in 2013, Brighter Future Myanmar Foundation has been providing microfinance loans, financial literary programs to over 12,000 community members in Helgu, Tike Gyi and Oak Kan Township in Yangon Region. Read more
KBZ Brighter Future Myanmar Foundation places a high priority on environmental issues. Led by Team BFM, KBZ Bank and KBZ Group employees often spend a day planting seeds and cleaning beaches.
BFM takes pride in sending outstanding students to Japan for an exchange-visit annually in collaboration with Myanmar-Japan Association. BFM had sponsored a total of students for the 2013-2014 and 2014-2015 academic years.
On 29th November 2014 over 10,000 participants – dubbed Music Runners– walked, ran and danced for a 5km fun-run to their favorite beats at The Music Run by KBZ Bank. Read more
With the financial investment of US 7 million dollar from KBZ Bank, the brighter Future Myanmar Foundation implemented water distribution and management systems and constructed tube-wells for towns and villages in the Southern Shan State. Read more
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KBZ Bank, Myanmar’s largest privately-owned bank is proud to announce a partnership with Huawei
A repurchase agreement (repo) is a form of short-term borrowing for a dealer in government
Mr. DeNoma to be supported by newly appointed Deputy CEOs of KBZ Bank Aung Kyaw Myo, Nang Lang