Thai banks step up push for licences in Myanmar

YANGON: All four Thai banks in Myanmar are intensifying their efforts to secure banking licences in the belief that opening up of the industry will proceed despite opposition for local players.

Representatives of Kasikornbank (KBank) and Krungthai Bank (KTB) recently joined conferences in Yangon, speaking their minds on what their banks have to offer to the economy, while Bangkok Bank (BBL), Thailand's largest commercial bank, hosted an investment seminar in Yangon designed to be the centre stage for Asian investors wanting to enter the Myanmar market.