UOB to close Myanmar Airways International bank accounts by Aug 15; a very unexpected decision says the airlines

Image from Eleven Media Group/ANN

YANGON (eleven media Group/ANN): Myanmar Airways International (MAI) has said in a statement that the decision of Singapore’s United Overseas Bank (UOB) to close its bank accounts was unexpected.

The response came after announced on July 15 that it would close all five MAI accounts by Aug 15.