Japan’s Mizuho Bank has received approval from Myanmar’s regulatory authorities to open a front office in the Thilawa special economic zone.

The office will be the lender’s second in Myanmar, following the launch of Yangon branch in August 2015, which provides banking services such as deposits, loans, domestic and foreign exchange, and e-banking.

The bank aims to open the new office within fiscal year 2015.

The Japanese bank said that through the second office it aims to support Japanese companies starting and strengthening operations in the zone.

The Thilawa SEZ is located 23 km south of the center of Yangon, the largest city in Myanmar. It is the first large scale industrial complex in Myanmar to satisfy international standards, and both the Japanese and Myanmar governments have played a leading role in its development.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.