Global Trade Alert
Global Trade Alert

Myanmar: Foreign banks allowed to lend to exporters

Announcement

08 Dec 2017

The Central Bank of Myanmar has allowed foreign banks in Myanmar to provide banking services to the exporters based in Myanmar.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

08 Dec 2017

Revocation date:

No revocation date

Updated: 08 Dec 2017
FDI: Treatment and operations, nes In force

According to several news reports, on 8 December 2017, Myanmar's Central Bank allowed foreign banks to provide financing and banking services to domestic exporters. The banks willing to extend such...

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