Kanbawza Bank (KBZ Bank) was established on the 1st of July 1994 in Taunggyi, located in the southern part of Shan State. Initially, the bank catered the local population in Taunggyi. In November 1999, our present management acquired the organization and oversaw its development into one of the biggest private commercial banks in Myanmar.
In April 2000, KBZ headquarters was relocated to Yangon, the business capital of Myanmar. With over 17,000 staff, 450 branches nationwide, KBZ holds 42% of market share for both retail and commercial banking. KBZ is leading the way for Myanmar’s rapidly developing financial services industry through an approach that understands the unique context of the country’s economy as it transitions towards a digital future.
In November 2011, the Central Bank of Myanmar granted an Authorized Dealer License (ADL) to KBZ Bank as the first step to operate foreign banking business. So far, KBZ Bank has representative offices in Bangkok and Singapore – the first Myanmar bank in ASEAN region.
