Myanmar Banks Association orders to close private banks temporarily

Myanmar Banks Association orders to close private banks temporarily
Published 1 February 2021

YANGON-----Myanmar Banks Association already instructed the private banks to close their banks temporarily due to poor Internet Connection.

As there have been System Unavailable and poor Internet Connection due to current situation, the members of Myanmar Banks Association are needed to close their private banks temporarily since the beginning of February 1st, according to the announcement.

Moreover, the Myanmar Banks Association will be announcing the date for opening of banks by following the guidance of Myanmar Central Bank.

Later, the Myanmar Banks Association will inform in an advance the private banks to open the banks if there will be good internet connection and system available.