Tuesday 1 April 2014

UAB plans to cooperate with US Banks

United America Bank is planning to join the Myanmar banking system with banks in the United States, according to UAB’s chief operating officer.

“Currently we are working together with a total of 65 banks from 22 countries,” said Thant Zin, the chief operating officer.

The bank is linking the banking systems of Japan, South Korea, China, India, Singapore, Malaysia, Thailand and Germany.

The UAB, established in 2010, is currently running with 26 local branches and operates and international wiring service as well.

source: Eleven Myanmar

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