Myanmar banks to shut temporarily: bankers association

1st Feb, 2021

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A Facebook post of Myanmar's Kanbawza Bank (KBZ bank) announcing branch closures is seen in this screen grab obtained from social media on February 1, 2021. Photo: Reuters


Myanmar banks agreed to temporarily shut all financial services on Monday due to poor internet connections during the current political situation, the Myanmar Bankers Association said in a statement. The banks would seek permission from the central bank for the temporary closure and inform it when they planned to restart services, the statement said.

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