Telenor Myanmar plans mobile banking with Yoma Bank

Thursday 27 November 2014 09:06 CET | News

Mobile operator Telenor Myanmar has partnered with financial institution Yoma Bank to provide mobile banking.

Telenor will combine its extensive distribution network in the country with Yoma’s established brand name.

The two companies have already started hiring workers and setting up IT infrastructure, but they are waiting for the Central Bank of Myanmar to shed light on what kind of regulations they will have to comply with as currently there are no guidelines.

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Keywords: Telenor Myanmar, Yoma Bank, mobile, banking, Central Bank of Myanmar, financial
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech