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For foreign lenders, Myanmar is no zero-sum game

The international banks must partner one another to set up club loans that enable them to share the risk of borrowers' default
Monday, May 25, 2015 - 05:50
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A man is reflected on a sign outside a branch of Sumitomo Mitsui Banking Corporation in Tokyo on July 30, 2014. A foreign bank setting up a branch in Yangon must take its first step together with eight other lenders, all eager to tap a country that has been in isolation for more than 50 years.

Singapore

A FOREIGN bank setting up a branch in Yangon must take its first step together with eight other lenders, all eager to tap a country that has been in isolation for more than 50 years.

But international lenders noted that cooperation, not direct competition, will serve the