MCB Foundation

Myanmar Citizens Bank was established in 1991 by Myanmar Special Company Act 1950 and commenced banking operations on 2nd June 1992 at Kyauktada, Yangon. The Authorized Capital of MCB is 75 Billion Kyats and its Paid-up Capital is 52 Billion Kyats. MCB is one of the first banks to take initiative to be listed in Yangon Stock Exchange in August and conducts trading starting on 26th August, 2016. To date, the bank has 24 branches and about 650 employees. MCB holds Authorized Dealer License and is currently conducting International Banking services since 2003. With over 25 years of experience in banking services in Myanmar, MCB provides efficient banking services to individual customers as well as business clients. At the heart of our business, MCB offers a range of deposit products and services such as Call Deposit Accounts, Time Deposit Accounts, Savings Accounts, Current Accounts, Foreign Currency Account, Loans and Financing Products, Trade Finances , International and Domestic Remittances and technology driven Alternate Delivery Channels for customers’ every stage of life.

Our Vision

To build a strong, stable, sustainable bank which is value creative to all our stake holders by harnessing and contributing to the spirit of progress in Myanmar.

Our Mission

  • Create value for our investors through sound financial performance embedded in transparency, accountability and good governance
  • Support and develop a customer base in the Commercial, SME, HP and Consumer segment
  • Enhance financial inclusiveness through a network delivering accessibility and availability
  • Recruit and develop talent to create sustainable long term workforce of dedicated employees
  • Build a secure, robust IT infrastructure and roadmap to support the bank in managing its business effectively and efficiently
  • Build efficient and innovative technology to deliver to customers convenient and secure products and services
  • Build, develop and incorporate operational and risk practices and methodologies into the banks operations

Board of Directors

1 U Toe Aung Myint (Non-Executive Chairman)
2 U Soe Naing (a) U Ko Ko Gyi (Non-Executive Director)
3 U Yan Naing Tun (Non-Executive Director)
4 U Hla Oo (Non-Executive Director)
5 U Tun Lwin (Non-Executive Director)
6 U Own Saing (Non-Executive Director)
7 U Aung Aung (Non-Executive Director)
8 Daw Moe Moe (Non-Executive Director)
9 Daw Aye Sadar Lwin (Non-Executive Director)
10 U Zaya Thura Mon (Non-Executive Director)
11 U Aye Thaw (Independent Non-Executive Director)

The Board is responsible for the strategic direction of MCB according to its memorandum of incorporation. Through its oversight and strategic steer, the board of directors ensures that MCB capitalises on its opportunities as an ethical, decisive and responsible corporate citizen.

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