Global Trade Alert
Global Trade Alert

Myanmar: Liberalisation of banking services by foreign banks

Announcement

04 Dec 2018

Foreign banks are allowed to provide loans in foreign currency and also set their own interest rates.

Source

Sign in to access

Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

26 Nov 2018

Revocation date:

No revocation date

Updated: 04 Dec 2018
FDI: Treatment and operations, nes In force

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...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.