Mahar Bawga raises loan from AGD Bank
Yangon-based financial institution Mahar Bawga Finance Company (MBF) has announced that it has received a MMK 1.4 billion (USD 916,000) loan from AGD Bank. According to an article in Dealstreet Asia, MBF said that the funds will be used to open new b
IFC grants USD 3 million loan to agri-logistic firm SLCM
The International Finance Corporation (IFC) has provided a USD 3 million loan to SLCM Limited, a Yangon-based agri-logistics firm. According to a report in Dealstreet Asia, IFC said that the loan will be part of its Global Agriculture and Food Securi
Metro Myanmar secures USD 20 Million IFC loan
The Myanmar arm of the German food retail group Metro AG has raised a USD 20 million loan from the International Finance Corporation (IFC). According to a Myanmar Times article, IFC said the funds would help increase the company’s incomes. It is ex
Mahar Bawga to receive loan from Yoma Bank
Yoma Bank is to provide a loan of MMK 2.2 billion to Mahar Bawga Finance. The loan will allow the company to scale up and will be able to take on additional 5,000 customers. “This partnership highlights our ongoing commitment as Myanmar’s largest
