Established in 1992, Myanmar Citizens Bank (“MCB”) is one of the oldest private commercial banks in the country and the first bank to be listed on the Yangon Stock Exchange. With a healthy balance sheet and strong management team,
it is currently enjoying one of the fastest growth rates in Myanmar. MCB has a diverse shareholder base, a board with well experienced directors and a senior management team with a wealth of experiences in banking across Myanmar and the Asia Pacific region. Its board and management team bring a disciplined governance framework fostering strong ethical values and transparency to its business model.
MCB has been traditionally focused on Commercial and SME segments. It is now rapidly expanding into Corporate and Retail banking segments distributing innovative and competitive products and services through a network of 55 branches across 26 cities in the country. Over 1,000 committed and dynamic banking professionals serve MCB’s fast-growing client base in a friendly and efficient environment.
In 2019, MCB signed a wide-ranging long-term consultancy and partnership agreement with the International Finance Corporation (“IFC”), the private sector arm of the World Bank, embarking on a three-year transformation journey to modernize and build its banking operations along with best-in-class product and service offerings.
The Vision of the Bank has been “To become a strong, stable, sustainable, ethical and innovative bank which creates value for all stakeholders by harnessing and contributing to the progress of Myanmar”. The way to achieve our ambitions is through a clear focus on combative growth, customer acquisition, centering on physical and digital expansion, having clear-cut targets and timely execution of strategies.
