Native name အင်းဝဘဏ်လီမိတက် Website www.ablmm.com Founded 28 November 1997 | Industry Bank Headquarters Kyauktada Township Type of business Private | |
Total assets 260 billion kyat (US$2.60 million) (2012-13) Founder Myanmar Economic Corporation | ||
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Innwa Bank Limited (Burmese: အင်းဝဘဏ်လီမိတက်) is a private commercial bank in Burma (Myanmar). Innwa Bank was founded by the Myanmar Economic Corporation (MEC) in 1997, a major conglomerate owned by serving and retired military officers of the Tatmadaw, affiliated with the Myanmar Ministry of Defence. The bank serves as a financial vehicle for MEC's subsidiaries and affiliates. Innwa Bank is wholly owned by MEC, which is in turn, owned by the government. Military authorities control the bank's management.
References
Innwa Bank Wikipedia(Text) CC BY-SA