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KBZ Bank to Open Representative Office in Malaysia

Kanbawza (KBZ) Bank is planning to open new representative office in Kula Lumpur.

Nyo Myint, Senior Executive Director of the Kanbawza Groups of Companies, said “it has already been given the green light from the Central Bank of Malaysia. We will announce the place for the representative office and the date for the opening ceremony soon.” Kanbawza Bank had opened first overseas representative office in Bangkok on April 28. Its second overseas representative office in Singapore was opened on October 6. Kanbawza bank is the first Myanmar Bank to open representative offices in foreign countries. KBZ Bank was founded in 1994 in Taunggyi. Kanbawza Bank is subsidiary company of Kanbawza (KBZ) Group of Companies. KBZ Bank currently has more than 80,000 employees.