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OCBC, UOB and 7 others get Myanmar banking permits

They have to comply with central bank requirements before obtaining final licence

Published Wed, Oct 1, 2014 · 09:50 PM
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OCBC Bank and United Overseas Bank (UOB) have been granted a foreign bank licence to operate in Myanmar.

They are among the nine foreign banks that received preliminary approval on Wednesday from the Central Bank of Myanmar to prepare for the start of banking operations there.

The others are: Australia an…

KEYWORDS IN THIS ARTICLE

OCBC
UOB
Singapore banks
Myanmar

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