Kanbawza Bank

Kanbawza Bank
Private
Industry Banking
Founded 1994
Headquarters Yangon, Myanmar
Key people
Aung Ko Win (Chairman)
Products Financial Services
Number of employees
Over 18,000
Website www.kbzbank.com

Kanbawza Bank (Burmese: ကမ္ဘောဇဘဏ်; abbreviated as KBZ Bank) is a private commercial bank in Myanmar. The bank was established on 1 July 1994 in Taunggyi, Shan State. KBZ bank is part of the KBZ Group conglomerate (founded by Aung Ko Win aka Saya Kyaung).

In February 2010, the bank bought an 80% share in Myanmar Airways International, Myanmar's international airline.[1] On 1 April 2011, the bank launched Air KBZ, one of four privately owned domestic airlines in Myanmar, with plans to expand to international flights in the near future.[2]

References

  1. Moe, Wai (2010-02-03). "Western-sanctioned Kanbawza Bank Buys Airline". The Irrawaddy. Retrieved 2010-09-14.
  2. Zaw Win Than (28 March 2011). "Kanbawza to launch domestic airline on April 1". Myanmar Times. Archived from the original on 16 June 2012. Retrieved 25 March 2012.
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