27.02.2023 - 03.03.2023 A Tate Papers A Pine (2)

Central Bank Chairman Daw Than Than Swe said to present a plan to gather information on loans from non-bank financial institutions.

Chairman of the Central Bank of Myanmar and Chairman of the Myanmar Credit Bureau The meeting of directors and officials was held at the Central Bank in Nay Pyi Taw on February 15.

In the meeting, the Chairman of the Central Bank of Myanmar said that small, small and medium enterprises and agriculture, for the economic development of the country, In order to obtain Access to Credit, Access to Finance loans, Trade Financing, and Credit Facilities for manufacturing and service industries easily and quickly, borrowers in financial institutions need to conduct an evaluation and review.

The Myanmar Credit Bureau said that it is necessary to provide comprehensive information on loans, which is the main requirement for better credit risk management. He said that he is going to present a plan to collect loan information from non-bank financial institutions.

After that, the Chairman of the Central Bank of Myanmar, Daw Than Than Swe, Chairman of the Myanmar Credit Bureau, The discussions between the board members and the officials will be discussed again and regular meetings between the Central Bank and the Myanmar Credit Bureau will be held.

In accordance with the discussions in the meeting, he said that it is necessary to continue to make efforts to obtain loan information in a timely manner for the stable development of the banking sector.

The meeting was attended by Dr. Lin Aung, Deputy Chairman of the Central Bank of Myanmar. Director-Generals and Deputy Director-Generals from the Central Bank Departments were reported to have attended.