SME Banking
KBZ Bank’s SME Banking is offering complete and comprehensive financial services and total solutions to encourage Myanmar SME business Entrepreneurs and to boost the economy in a timely and organized manner.
KBZ SME Banking Financing Enquiry
Customers can now enquire about SME Financing digitally anytime and anywhere.
Benefits of SME Loan Enquiry Form
- Online Digital Enquiry
- Enquiry for different types of loans based on Business needs
- Fast Processing (Within 2 working business days after the form is submitted)
- Support and consultation from qualified Relationship Managers
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SME Loan Enquiry Form FAQs
Not Eligible Sectors
The Following sectors shall be specifically excluded –
(1) Livestock breeders and farmers eligible for borrowing from Myanmar Agricultural Development Bank;
(2)Real estate;
(3)Finance and insurance;
(4)Precious metal dealing;
(5)Bars and pubs;
(6)Amusement, entertainment (except for tourism);
(7)Weapons,ammunition;or
(8)Any other sector harmful to the social stability (to be judged by Working Committee)
Note
- Borrowers can use a maximum 20% for Working Capital purpose, but the rest 80% must be used for Capital Investment purposes.
- Detail Business Expansion Plan of borrowing business needs to be submitted.
Our prioritised and focused sectors are
- Manufacturing (Food Processing, Value-added Manufacturing, Garment and etc) – Industrial Production
- Services
- Trade
- Healthcare Industry
- Import substituent businesses
Business Information
- Business license form
- Company registration form
- Receipts of revenue tax for the last 3 years (if applicable)
- Financial statements for the last 3 years
Additional documents (If Your Business is running as a company under DICA)
- Certificate of incorporation (From DICA)
- Company Profile (From DICA)
- Officer Details (From DICA)
- Member Details (From DICA)
- If an export/import business the company must possess export/import license with valid dates
- A written approval from board of directors
- The paid up capital amount from an updated audited balance sheet and the paid up capital from Form E must be the same amount
Personal Documents
- Copy of National ID
- Household Registration
- Letter of Recommendation clearly stating that you are living in shared quarters
- Guarantee that you are single if you are single
- Divorce papers and papers proving you aren’t marrying any time soon
Collateral
- Title Deeds and Ownership Documents
- Grant, map and history of property
- Photos of the collateral
Under the Central Bank of Myanmar regulations, the following collateral are accepted
- Immovable properties
- Government bonds and securities
- Machinery
- Fixed deposits or Savings deposits
- Goods
- Gold
- Company Shares
CGI Collateral
- Documents concerning the ownership of properties
- Grant, map and history of property