IBK Myanmar Limited
in Myanmar 🇲🇲
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About IBK Myanmar Limited in Myanmar
IBK Myanmar Limited is a foreign bank subsidiary operating in Myanmar, owned by the Industrial Bank of Korea (IBK), a South Korean state-owned bank. As a subsidiary of IBK, it operates as a commercial bank authorized to provide a full range of banking services to both corporate and retail customers in Myanmar. IBK Myanmar Limited represents the second foreign bank subsidiary established in Myanmar under the third phase of the Central Bank of Myanmar's banking sector liberalization program.
The bank serves Korean companies operating in Myanmar, local businesses, and individual customers. With IBK's expertise in small and medium-sized enterprise (SME) financing built over five decades in South Korea, IBK Myanmar Limited brings international banking standards and SME financing know-how to Myanmar's developing financial sector.