Myanmar Central Bank plans to launch mobile banking scheme The Central Bank of Myanmar is planning to launch a mobile banking system in October.The Central Bank has submitted proposals and it will start a final phase on banking procedures after announcing mobile banking instructions. The local private banks such as Co-operative Bank, Inwa Bank, Myawady Bank and First Myanmar Private Bank have presented their proposals to the Central Bank to operate mobile banking systems. The Central Bank has already informed some private banks that to prepare for mobile banking services. If some private banks opt to open mobile banking ser-vices, they will use mobile network operators or other solution providers. K.Z.Mon
Posted on: Mon, 07 Oct 2013 06:52:01 +0000
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