Myanmar banks to shut temporarily: bankers association

1st Feb, 2021

News Image

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.

Read Full Article

Share This Article: