Warwick ASEAN Conference

Myanmar urged to open banking sector to foreign investment

Myanmar urged to open banking sector to foreign investment

  • Myanmar has taken efforts to slowly open up to the rest of the world, however, its banking sector remains well-behind the curve
  • Less than 1 in 4 people in Myanmar have a bank account
  • Establishment of new banks and induction of foreign investment are claimed to be necessities as Myanmar requires more financial resources for development
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