Wednesday, March 15, 2017

KB Kookmin Bank, Myanmar Microfinance Launched



[Korea financial newspaper sinyuncheol reporter] KB Kookmin Bank (Bank yunjonggyu) over the past eight days KB microfinance in Myanmar (hereinafter "KB Myanmar Business") to get the final local financial authorities applied for the establishment, and from 15, Myanmar Yangon 1st Shop It announced the sales start.

'KB Myanmar subsidiaries' plans to support local microfinance win for the first time to improve Myanmar seomincheung low-income and poor residential environment through collaboration between the Myanmar government and NGO homes, new construction financing and so on.

Prior yunjonggyu Bank is February, Myanmar visit, Myanmar Ministry of Construction, Housing Development Construction Bank (Construction and Housing Development Bank) and has entered into a tripartite MOU, in this place KB Kookmin Bank populace, a major policy challenge in Myanmar build wealth He has said he would cooperate with the housing supply expansion.

KB Kookmin Bank plans to expand its sales network to the end of the year the administrative capital of Naypyidaw and the second economic center of Mandalay, etc. Starting with one store in Yangon, through the establishment of a future nationwide sales network, become a foreign leading institutions in Myanmar microfinance market It is planning.

KB Kookmin Bank official is based on the ordinary finance and housing finance know-how "Myanmar is low income is approximately 90% to seomincheung target microfinance high demand market," said, "KB Kookmin Bank, the rapid growth of 'KB Myanmar Business" is expected "he said.





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