Myanma Foreign Trade Bank | |
Native Name Lang: | my |
Industry: | Banking |
Predecessor: | State Commercial Bank (1954) |
Founders: | --> |
Hq Location: | No. 80-86, Mahabandoola Garden Street, Kyauktada Township |
Hq Location City: | Yangon |
Hq Location Country: | Myanmar |
Areas Served: | --> |
Owners: | --> |
The Myanma Foreign Trade Bank (Burmese: မြန်မာ့နိုင်ငံခြားကုန်သွယ်မှုဘဏ်; abbreviated MFTB) is a state-owned bank specializing in foreign banking.[1] It provides trade finance and foreign exchange-related banking to the government, state enterprises, and the international community residing in Myanmar.[2] MFTB also manages Burma's official foreign currency reserves.[2] Until recent economic reforms, MFTB had a monopoly on foreign exchange and customer base.[2]
The bank was established under the Financial Institutions of Myanmar Law of 1990.[1]