MDY Branches Opening News

Myanmar Citizens Bank Opens Mandalay Branch (6) Myanmar Citizens Bank (MCB) successfully held the opening ceremony of Mandalay Branch (6) at No-24, (26B Street), between (86x87) Street, Thiri Malar Quarter, Aung Myay Thar Zan Township on the morning of November 11, 2018. MCB opened four new branches in Mandalay simultaneously on November 11 2018 with the aim of providing better financial services to the customers, old and new, in Mandalay Region. All new branches started provided banking services ranging from deposits, loans to trade finance services. MCB currently has 7 branches in total in Mandalay Region including these. In the ceremony, Dr. Than Myint, Minister of Commerce and Dr. Zaw Myint Maung, Chief Minister of Mandalay formally unveiled the signboard of the branch by pressing the button. Next Dr. Ye Lwin, Mayor of Mandalay, Dr. Soe Than, Mandalay Region Minister of Agriculture, Livestock and Irrigation, U Zarni Aung, Mandalay Region Minister of Electricity, Energy and Construction, U Myat Thu, Mandalay Regional Minister of Planning and Finance, U Kyaw Min, Chairman of Mandalay Region Chamber of Commerce and Industry, U Thet Tin, Chairman of Mandalay Regional Brokers, Dealers and Manufacturers’ Organization of Mahar Kahtain, DG U Yan Naing Tun, Ministry of Commerce and Member of Board of Directors (MCB), and U Toe Aung Myint, MCB’s Chairman of the board cut the ribbon to open the ceremony. Founded in 1992, MCB has been providing efficient banking services to individual customers as well as business clients for 26 years. MCB is the first bank listed in Yangon Stock Exchange (YSX) and its shareholders consist of individuals, companies, also Ministry of Commerce. With over 26 years of experience in banking services, MCB successfully switched over to the upgraded version of its core banking system in 2018 in order to provide the updated and effective banking services to the public. It is expanding its branch network in the regions of promising business. It has opened 36 branches in total and the momentum will be continued during the upcoming years. MCB is not only expanding its branch network currently to provide effective services to the customers, but also implementing the international banking services such as Digital Banking, and working hard to offer better banking services for customers nationwide with the strategic branch network and new digital banking services.