Green Financing SME

Green Financing SME, our new fast and flexible credits up to MMK 500 million and 60 months with lower requirements of collateral is available at our MCB, one of the first banks in Myanmar. With these credits you can:

  • Improve your business by using the credit as working capital,
  • Improve your production with new machines, vehicles, and equipment’s with our longer term hire purchase product,
  • Improve your market networks with the use of overdraft loan, working capital loan and investment loan by developing new business entities,
  • Upgrade your facilities or build new ones to stay competitive with our flexible Green Financing loan.

MCB Green Financing Service

In partnership with the EU funded “Thabarwa” program, we aim to reduce the use of energy by means of Green Finance. We are currently offering free consulting advice relating Waste Water Treatment System, Energy Efficiency, Renewable Energy and Environmental Projects to conduct by complying with government regulations.

We have partnered with many Suppliers and Experts who can deliver reliable equipment and professionally install this at the clients’ premises for both your equipment that you need in your production and for Green Investments such as: waste water treatment plants, solar panels, biomass gasifiers, boilers, energy efficient lighting, motors, air compression and air conditioning and ventilation and more.

Terms & Conditions

The company or entrepreneur must have at least 12 months of business experience.

Repayments have to be made with equal monthly installment.

Processing fee upfront is 1-2%. It will be charged only once and will be deducted from the loan amount on need for your client paying from own pocket upfront.

Requirements

For opening a new account you need:

NRC (copy)

Tax registration

Company Statute

Cardboard signature Depot

Financial reports for the past 2 years

Collaterals

Equipment’s /Machinery

Vehicles

Real Estate

Company (or Companies)

Loan Process

Customer makes contact with the bank.

Bank makes brief analysis on project size and investment plan and contacts the client if he/she is possible.

Responsible person from the bank visit the client and make more analysis.

Bank processes credit application and approves the credit.

Collaterals are registered at the bank and the bank grants the loan.

Client starts the investments with granted loan.

Bank monitors the performance of investment.

Client makes repayment and applies for new loan if needed.

Eligible Customers

  • Entrepreneurs

  • Companies

Interest Rates

Nominal interest rate of   1.083%   per month on remaining debt.

Happy Call

We’ll be more than happy to answer any concer you may have.

Happy Call

We’ll be more than happy to answer any concer you may have.

Frequently Asked Questions

Outbound Remittance, by allowing maximum of USD 3000 per person.
Nominal interest rate of 1.083% per month on remaining debt.

SME Business Center
NO.(G1-G5) (S1-S7) Jo Phyu Road, Aung San Station, Pha Sa Pa La Quarter, Mingalar Taung Nyunt Township, Yangon.
Ph 01 245934,01 255753
Email smedept@mcb.com.mm