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9 foreign banks get licences in Myanmar

Twenty-five foreign banks submitted proposals for starting operations
Thursday, October 2, 2014 - 05:50

[SINGAPORE] Industrial & Commercial Bank of China and Japan's three largest banks won approval to start operations in Myanmar, the South-east Asian nation emerging from five decades of economic isolation.

ICBC, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho

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