Who is the owner of AYA Bank in Myanmar? (2024)

Who is the owner of AYA Bank in Myanmar?

U Zaw Zaw is a successful business magnate and Founder and Chairman of AYA Bank. He is graduated from the University of Yangon with a major in Mathematics.

Who is the owner of a bank in Myanmar?

A bank's majority shareholder is Ayeyarhinthar company with other shareholders including Ayeyarwaddy Regional Government and agriculture related companies. Currently, A bank has paid up capital of 26.6 Billion Kyats and intends to grow proportionately every year.

Who is the manager of AYA Bank?

Minn Wint Oo - Managing Director - AYA Bank | LinkedIn.

How many branches of AYA Bank are there in Myanmar?

Our comprehensive network does not end local, and we are connected to the wider Asia region and global. AYA Bank is the country's one of the largest banks with almost (3) million customers and (262) branches.

What is the capital employed of AYA Bank in Myanmar?

AYA Bank information

Our success can be attributed to our extensive and loyal customer base, which has fueled our rapid growth.In terms of our financial standing, AYA Bank has a paid-up capital of MMK 140 billion, total assets valued at...

What is the largest private bank in Myanmar?

KBZ Bank is Myanmar's largest privately-owned bank, with over 500 branches. Headquartered in Yangon, Myanmar, KBZ Bank's vision is to improve the quality of life in Myanmar through banking.

What is the full name of Aya Bank?

Ayeyarwady Bank Public Company Limited (Burmese: ဧရာဝတီဘဏ်) is an institutional bank headquartered in Yangon.

Where is AYA Bank headquarters?

Visit us in person to our head offices in Yangon and Naypyitaw. No. 416, Mahabandoola Road, Kyauktada Township, Yangon, Myanmar.

Where is AYA Bank located?

AYA Bank is headquartered in Yangon, 416 Maha Bandula Park St, Myanmar, and has 2 office locations.

Who is the CFO of AYA Bank?

Lwin Lwin Aung - Chief Financial Officer - AYA Bank | LinkedIn.

Which is the best bank in Myanmar?

uab bank is a leading bank in Myanmar. Recognised for its successful transformation and leadership in the Myanmar banking sector amidst the regulatory changes and governance requirements, uab bank was named 'Myanmar's Best Bank' by Euromoney…

Which is the largest bank in Myanmar?

KBZ Bank: A new generation of banking

As Myanmar's largest privately-owned bank, we represent nearly 40 percent of both retail and commercial banking in the country, driving the success of the nation's entrepreneurs, businesses and communities.

What is the interest rate of AYA Bank in Myanmar?

Lowest account opening requirement starts from MMK 1,000. Set up Cash Management - collection service and sweep funds at EOD or real-time. Receive interest on 6.25% per annum and frequency on monthly basis.

Which is the oldest bank in Myanmar?

In accordance with the State Commercial Bank Law, the State Commercial Bank (SCB), the first and foremost state-owned commercial bank in Myanmar, was established in 1954 with the aim to raise the entire people's economic development through a nation-wide banking system.

What is the objective of AYA Bank in Myanmar?

We are committed to driving financial inclusion across Myanmar, particularly in rural areas, to connect underserved communities to mainstream banking services. We understand that access to financial resources and services is crucial for socioeconomic development and empowerment.

What is the slogan of AYA Bank?

Our Brand Promise – Your Trusted Partner.

Which is the richest bank in Myanmar?

KBZ Bank, established in 1994, is the largest bank in Myanmar by far, with assets of around US$8 billion, three times larger than the next biggest bank, and with nearly twice the number of branches and employees as any private competitor.

Who is the largest bank owner?

JPMorgan Chase & Co. is an American multinational financial institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023.

How many foreign banks are there in Myanmar?

There are a total of 31 local banks and 13 foreign branched banks in Myanmar.

What is the strategy of AYA Bank?

Our Strategic Pillars

We harness state-of-the-art sales tools to better monitor the bank's sales activities, identify promising leads swiftly, and aid data-driven decision making to streamline sales processes. We set and concentrate on specific, measurable objectives that align with realistic targets.

What is the interest rate for Aya savings account?

Minimum initial deposit is MMK 500,000 to open Loyal account, interest is 6.5% per annum and bonus is 0.5% per annum.

What is the swift code of AYA Bank Myanmar?

AYABMMMYXXX

What is the correspondent bank of AYA Bank?

Correspondent Network
CURRENCYCORRESPONDENT BANKSWIFT CODE
US Dollar (US$)DBS BANK LIMITEDDBSSSGSG
MIZUHO BANK LIMITED, SINGAPORE BRANCHMHCBSGSG
BANGKOK BANK PUBLIC COMPANY LIMITEDBKKBTHBK
KASIKORNBANK PUBLIC COMPANY LIMITEDKASITHBK
15 more rows

What is a bank in Myanmar?

Ayeyarwaddy Farmers Development Bank, widely known as A bank, a public company limited was formed on December 22nd, 2014 under the 3/2014 Financial Law ratified on July 30th, 2014 by the Central Bank of Myanmar.

Who owns National Exchange bank?

The bank is privately owned by NEB Corporation, a holding company located in Fond du Lac, Wisc.

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