Myanmar's military coup creates banking woes


People wait to withdraw money from a Myawaddy Bank automated teller machine (ATM) in Yangon on Feb 23, 2021. - AFP

YANGON (AFP): Early bird customers of a military-owned bank queued anxiously as dawn light crept over Yangon, after a strict new limit on daily cash withdrawals fuelled rumours of a money shortage in post-coup Myanmar.

Myawaddy Bank is among scores of military-controlled businesses in Myanmar facing boycott pressures since the generals ousted civilian leader Aung San Suu Kyi from power on Feb 1.

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Myanmar , coup , banking

   

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