Myanmar’s Yoma Bank attracts substantial investment from GIC
Singapore-based sovereign wealth firm GIC has acquired a 20% stake in Myanmar’s Yoma Bank, reported Bloomberg. Norway’s Norfund will reportedly…
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Myanmar’s G Bank taps Infosys to power retail banking
Myanmar-based Glory Farmer Development Bank (G Bank) has selected Indian IT firm Infosys to digitalise its retail banking business. The…
Myanmar to start third round of foreign bank licensing
The Central Bank of Myanmar is set to initiate a third round of foreign bank licensing in a bid to…
Yoma Bank supports unsecured lending with Experian partnership
Yoma Bank, a Myanmar-based lender, has enhanced its Smart Credit solution to offer unsecured loans to mass-market customers. The bank has…
Myanmar’s GTB implements Infosys Finacle solution to drive banking services
Myanmar’s Global Treasure Bank (GTB) has implemented Infosys Finacle’s core banking solution across 163 branches in the country. The deployment…
Myanmar’s Shwe Bank completes digital upgrade
Myanmar-based Shwe Bank has completed the internet and mobile banking project in a step to achieve its business objectives and…
Myanmar’s Myawaddy Bank selects Infosys Finacle to drive digital transformation
Myanmar-based Myawaddy Bank has selected Finacle solution suite from Infosys Finacle, part of EdgeVerve Systems, to power its digital transformation.…
Diebold Nixdorf sets up direct presence in Myanmar
Diebold Nixdorf, the entity formed following the recently concluded acquisition of German ATM manufacturer Wincor Nixdorf by American rival Diebold,…