News

A repurchase agreement (repo) is a form of short-term borrowing for a dealer in government securities. The dealer sells the government securities to a counter-party, usually for a short term and buys it back on an agreed date.  For the party selling the security, and agreeing to repurchase it in...

KANBAWZA Bank (KBZ Bank) Limited, part of the KBZ Group of companies, announced yesterday that it has opened a USD settlement account with international bank Sumitomo Mitsui Banking Corporation's New York branch (SMBC New York), to offer streamlined remittance services that enable faster, more convenient trade financing and transactions between...

KANBAWZA Bank (KBZ) has been named Bank of the Year in Myanmar 2016, a title it has held for four consecutive years. Bank Chairman U Aung Ko Win accepted the award at the Banker Awards 2016 ceremony held at the Hilton London Bankside Hotel in London on 7th December. The...

Kanbawza Bank is crowned with “Best Bank in Myanmar” award by London-based Finance Asia. Kanbawza Bank was named “Best Bank in Myanmar” by London-based Finance Asia at the awards ceremony of “The Finance Asia: Country Awards for Achievement 2016” held in Singapore yesterday. Organisers said KBZ Bank won the award...

KBZ Bank has great news for our currency exchange customers! We've just received approval from Central Bank of Myanmar to start the currency exchange on Thai Currency (Baht). We will regularly update the Thai currency exchange rate in our Facebook and Website in future so please check our FB page...

Today marks the successful opening of our 400 Branch at West Shwe Gone Dine District and for this incredible milestone we deeply thank our most valued customers and staff - because of them we are here today. From our very first bank in Taungyi, 1994 to today we are so...

KBZ bank has achieved another milestone in the financial services arena in Myanmar. On 10 July 2014 our Chairman Aung Ko Win and Director Nang Lang Kham were at the Marina Bay Sands, Singapore, receiving the Domestic Retail Bank of the Year 2014 – Myanmar and Core Banking Initiative of...

KBZ Bank is continuing to provide our currency exchange service to all our customers as per usual. We provide a full currency exchange service at all our branch exchange counters according to the Rules and Regulations of the Central Bank of Myanmar. Today (10 February 2016) all of KBZ Bank...