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Description
On 29 January 2019, the Central Bank of Myanmar through Circular 1/2019 allowed foreign banks and financial institutions to invest in domestic private banks up to 35% of the equity of these banks.
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Intervention Details
Intervention Type
FDI: Entry and ownership rule
MAST Chapter
FDI measures
Implementation date
29 Jan 2019
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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