Malaysian Bank Negara to assist banking system
Published on Monday, 22 April 2013 06:13
The Central Bank of Myanmar has signed a Memorandum of Understanding with Malaysian Bank Negara for the development in banking services in Myanmar according to the statement of the Central Bank of Myanmar.
As the agreement, the Malaysian Bank will assist in technology knowhow and development of human resources. Myanmar is signing with other regional central banks to meet the ASEAN standard, the Central Bank of Myanmar said. It is also working on account transfer for a large amount with regional banks.
Last June, the Central Bank signed a MOU with Bank of Thailand to work closely for liquidity forecasting, money reporting system and reserve money targeting.
Source: http://www.news.myanmaronlinecentre.com/2013/04/22/malaysian-bank-negara-to-assist-banking-system/
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