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EXCHANGE RATES     02/24/2017
USD BUY 1361 SELL 1365
SGD BUY 955 SELL 962
EUR BUY 1422 SELL 1442
BAHT BUY 38 SELL 38.5

KANBAWZA Bank (KBZ) has won the titles of Best Commercial Bank in Myanmar 2016 and Best Retail Bank in Myanmar 2016, awarded by World Finance.

U Nyo Myint, Senior Managing Director of KBZ Group Companies accepted the Best Commercial Bank in Myanmar 2016 and Best Retail Bank in Myanmar 2016 at a ceremony held at the London Stock Exchange on 5 December, 2016.

KBZ Bank was chosen as the winner of the Best Commercial Bank in Myanmar 2016 for its efforts toward the development of the economic sector of the country, including the country’s small and medium enterprises with loans and banking services, for becoming a pioneer in Myanmar with modern banking services, for boosting regional cooperation in banking sector by opening offices regionally and internationally and for becoming the country’s top income taxpayer for four consecutive years, according to the statement of World Finance.

World Finance added that KBZ was also crowned with Best Retail Bank in Myanmar 2016 this year for opening more than 430 branch offices nationwide creating more than 17,000 job opportunities, for providing the country’s people with digital banking services with the use of information technology and its large assistance to philanthropic works in the country.

The Kanbawza bank has won the two top titles awarded by World Finance for four consecutive years. World Finance is a banking, finical and wealth management publication headquartered in the United States.