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Statement of Myanmar Banks Association on the AML/ CFT Implementation Progress
Progress on Implementation of AML/CFT. 1. Since its establishment in April 1999, The Myanmar Banks Association (MBA) has been encouraging the member banks for sustainable development to ensure abiding the existing laws and regulations, and the directives issued by the Central Bank of Myanmar. 2. In this regard, MBA places special emphasis on...
KBZPay Makes a Major Push at Universities for Financial Literacy
Yangon, Myanmar, 13 September 2019 – More than 10,000 students across Myanmar have attended financial literacy workshops as part of a collaborative effort between KBZPay and universities to provide financial education to the country’s youth. Since January 2019, workshops have been held at 29 universities located in Ayeyarwady Division, Kachin State, Kayin State, Mandalay Region,...
Fastest Growing Mobile Wallet in Myanmar, Aim for 30 Million Customers
KBZPay surpasses one million customers in just 6 months, with KBZ Bank staff nationwide bringing thousands of people into the mobile-first economy every day Yangon, Myanmar, 28 January 2019 — KBZ Bank, Myanmar’s largest privately-owned bank, celebrates a significant milestone as KBZPay crosses the one millionth customer mark this week, cementing itself as the fastest...
ATM Cash Out Feature Launched for KBZPay Customers
Dear KBZPay Customers, Your Smartphone is Now Your Mobile Wallet and ATM Card KBZPay is the first mobile wallet in Myanmar to offer customers the option of instant cash withdrawal at any of KBZ Bank’s 1,500 ATMs nationwide. Yangon, Myanmar, 26 June 2019 – An exciting new functionality of the KBZPay mobile wallet has been...