Native name ယူနိုက်တက်အမရဘဏ် Owner IGE Group of Companies Type of business Private | Founded 2010 | |
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Key people Nay Aung (Chairman)Than Win Swe (CEO) Total assets 385 billion kyat (US$340 million) (2013-14) Website www.unitedamarabank.com Profiles | ||
United amara bank myanmar
United Amara Bank (Burmese: ယူနိုက်တက်အမရဘဏ်; abbreviated UAB) is a private commercial bank in Burma (Myanmar). It was one of 4 private banks to commence operations in August 2010, the first new financial institutions in the country since the establishment of Innwa Bank in 1997.
The bank is majority owned by Ne Aung, the son of Aung Thaung, who has been blacklisted by the United States Treasury on 31 October 2014 for his membership in the country's ruling military junta, the State Peace and Development Council and his attempts to undermine Burma's economic and political reforms.
References
United Amara Bank Wikipedia(Text) CC BY-SA