Myanmar

Can you discuss the main challenges that banks might encounter in their efforts to drive a profitable mortgage market here in Myanmar?

Not only are Myanmar institutions improving in safety, soundness and accountancy, they are also expanding their use of technology. Several banks are adopting the latest systems in an effort to become modern financial services companies, while more generally the country is developing its digital strategy to allow for channels that enhance the...

In a move to further liberalise its business environment and improve investor certainty, the government of Myanmar recently promulgated the new Myanmar Investment Law (MIL), which was drafted by the country’s primary investment oversight entity, the Myanmar Investment Commission (MIC).