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KBZ Bank: A new generation of banking

For over two decades, KBZ Bank has been part of Myanmar’s growth story, working tirelessly to strengthen communities and institutions for the long term and to improve the quality of life for all. 

As Myanmar’s largest privately-owned bank, we represent nearly 40 percent of both retail and commercial banking in the country, driving the success of the nation’s entrepreneurs, businesses and communities.

Today, KBZ Bank is helping to fast-track Myanmar’s development in the digital age, embracing next-generation banking.

We have seized the advantages of mobile-first technology in promoting financial inclusion and connecting our customers to the people, opportunities and places that they value most. Through KBZPay, Myanmar’s fastest-growing mobile wallet, we have brought banking beyond our 500 branches and to even more communities.

We are also transforming from the inside out, drawing on the latest technologies to work more efficiently and serve our customers better, while developing the bankers and leaders of the future.

The future of Myanmar will be built on the strength of its key institutions and KBZ Bank is leading the way.


Name: Kanbawza Bank Limited (“KBZ Bank”)
Year Founded:14th February 1994
Founders:U Maung Maung Myaing, Daw Hla Hnin Khine
Current Shareholders:U Aung Ko Win, Daw Nan Than Htwe, Daw Nang Lang Kham, Daw Nang Kham Noung, Daw Nang Mo Hom
Transfer of Shares:1996 to 1999
Registered Address:615/1, Pyay Road, Kamayut Township, Yangon, Myanmar
Board of Directors:U Mya Than (Independent Chairman)
U Maung Maung (Independent Vice Chairman)
Daw Nan Than Htwe (Non-Executive Director)
U San Thein (Independent Director)
U Kyaw Min Htun (Independent Director)
External Auditors:JF Group
Board Level Committees:Board Credit Committee
Board Audit and Risk Committee

Management Level Committees

Management Credit Committees

Chairman/Rotating Chairman with the as following members:
Chief Risk Officer (Chair)
Head of Risk Management
Head of Special Assets Management
Head of Credit
Head of Wholesale Banking
VCGM of Smart Secured Consumer
VCGM of Local Corporate
VCGM of Collections and Recovery

Assets and Liability Committees

Chaired by the CEO with the following as members
CEO (Chair)
Deputy CEO1
Deputy CEO2
Deputy CEO3
Chief Risk Officer
Head of Wholesale Banking
VCGM of Treasury
VCGM of Local Corporate, Wholesale Banking
VCGM of Wealth & Deposits
Head of Finance
Head of Risk Management

Fraud Committee

Chief Risk Officer
Chief Operation Officer
Head of Legal and Compliance
Head of Internal Audit
Head of HR

Social Purpose and Impact Partnership Committee

Head of Marketing (Chair)
Head of Legal and Compliance
Head of Corporate Affairs
Deputy Head of Corporate Affairs
Finance Representative
International Advisor

KBZ Bank 2019 Snapshot

KBZ Bank strives to be the bank that Myanmar needs, whether by promoting financial inclusion through KBZPay and its 290,000 merchant and agent network, or by ensuring our 500 branches remain accessible, our tellers approachable and our financials strong. That is why we have consistently been recognised as Myanmar’s most progressive and innovative bank.


*Updated as of March 2020


KBZ Bank Awards

Pan Finance Award Winner 2021

Excellence in Financial Inclusion – Myanmar 2021

International Investor Awards 2021

Best Bank – Myanmar 2021
Best in Digital Transformation – Myanmar 2021

World Business Outlook Award 2021

Best CSR Bank Myanmar 2021
Financial Inclusion Initiative of the Year Myanmar 2021
Best Gender Equality Index Practices in Banking Sector Myanmar 2021
Rising Star in CG (banking sector) Myanmar 2021

Asia Banking & FinanceABF Retail Banking Awards 2021

COVID Management Initiative of the year – Myanmar
New Consumer Lending Product of the year – Myanmar


KBZ Bank Recognitions and Commitments

2020 Pwint Thit Sa / Transparency in Myanmar Enterprises (TiME) assessment

  • 7th place (out of 260 companies)
  • 3rd place (out of 29 banks)
  • Top 2 for Corporate Governance disclosure

Setting World Class Standards for Gender Equality in the KBZ Bank Workplace

Working toward disability inclusion at the workplace as part of The Valuable 500’s global campaign