KBZ Bank

The name Kanbawza is a traditional name for Shan State, an ethnic minority state of the Republic of the Union of Myanmar. Kanbawza Bank (KBZ Bank) was established on the 1st of July 1994 in Taunggyi, located in the southern part of Shan State. Initially, the bank catered the local population in Taunggyi. In November 1999, our present management acquired the organization and oversaw its development into one of the biggest private commercial banks in Myanmar. In April 2000, KBZ headquarters was relocated to Yangon, the business capital of Myanmar. At present, KBZ Bank has more than 200 branches across the country with nearly 200 ATMs, and over 80 currency exchange counter. Starting with an initial capital of MMK 477 million in 1999, KBZ Bank has expanded the capital to MMK 113 billion in the year 2014. In November 2011, the Central Bank of Myanmar granted an Authorized Dealer License (ADL) to KBZ Bank as the first step to operate foreign banking business. KBZ Bank will maintain a continuous growth in financial industry along with the development of Myanmar.