Comm Bank’s CBC Myanmar Microfinance gets license to operate in Myanmar

Feb 20, 2018 (LBO) - Sri Lanka's Commercial Bank  subsidiary CBC Myanmar Microfinance Co.

, Ltd, has obtained the operation license from the Myanmar Micro-finance Supervisory Enterprise to operate in the Republic of the Union of Myanmar.

"This would be as a non-saving deposit organisation," The Bank said in a stock exchange filling. Commercial Bank has had a representative office in Yangon, Myanmar since June 2015.