Announcement
04 Dec 2018
Foreign banks are allowed to provide loans in foreign currency and also set their own interest rates.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
26 Nov 2018
Revocation date:
No revocation date
According to several news reports, the Central Bank of Myanmar has amended the policy for lending by foreign banks. Foreign banks are now allowed to lend in foreign currency in addition to local cu...
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