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Myanmar Citizens Bank - MCB logo — Your Preferred Bank

Myanmar Citizens Bank - MCB

Your Preferred Bank

Founded 1992 Myanmar Myanmar 318 employees Finance, Financial Services +1

General Information

Company Name Myanmar Citizens Bank - MCB
Founded Year 1992
Location Myanmar Myanmar +1
Employees 318
Industries Finance, Financial Services, Banking
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About Myanmar Citizens Bank - MCB

Myanmar Citizens Bank (MCB) is a leading player in the finance, financial services, and banking industries. Established in 1992, MCB has positioned itself as one of the oldest private commercial banks in Myanmar. It has made significant strides in the market and is the first bank to be listed on the Yangon Stock Exchange. The company's notable achievements include rapid growth rates and a healthy balance sheet. MCB boasts a diverse shareholder base and a strong management team with extensive experience in the banking sector across Myanmar and the Asia Pacific region. The board and management team have established a governance framework that emphasizes ethical values and transparency, ensuring a sound business model. The company's primary focus has been on commercial and SME segments, but it is now expanding into corporate and retail banking segments, offering innovative products and services through a network of nearly 50 branches in 26 cities nationwide. In 2019, MCB entered into a strategic partnership with the International Finance Corporation (IFC), the private sector arm of the World Bank, for a long-term consultancy and partnership agreement. This collaboration marks the beginning of a three-year transformation journey aimed at modernizing and improving banking operations, as well as enhancing product and service offerings to best serve its clients while maintaining a commitment to growth and efficiency.

Taxonomy: Commercial Banking, SME Banking, Corporate Banking, Retail Banking, International Banking, Remittance Services, Loan Services, ATM Services, Trade Services, Card Services, Hire Purchase, Financial Consulting, Modernization, Banking Operations

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Myanmar Citizens Bank - MCB Alternatives & Competitors

Myanmar Citizens Bank - MCB vs
MOB - Myanmar Oriental Bank
MOB - Myanmar Oriental Bank Myanmar

Firm and Steadfast MOB

44 employees
Financial Services, Payments
Myanmar Citizens Bank - MCB vs
Shahjalal Islami Bank PLC.
Shahjalal Islami Bank PLC. Bangladesh

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Myanmar Citizens Bank - MCB vs
Bank One
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FAQ About Myanmar Citizens Bank - MCB

Your Preferred Bank
Myanmar Citizens Bank - MCB was founded in 1992.
Myanmar Citizens Bank - MCB is headquartered in Myanmar.
Myanmar Citizens Bank - MCB operates in the following industries: Finance, Financial Services, Banking.
Myanmar Citizens Bank - MCB has approximately 318 employees.
Top alternatives and competitors to Myanmar Citizens Bank - MCB include MOB - Myanmar Oriental Bank, Shahjalal Islami Bank PLC., Bank One, Century Commercial Bank Limited, Exim Bank (Tanzania) Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Myanmar Citizens Bank - MCB and MOB - Myanmar Oriental Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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