Myanma Economic Bank to Provide SME loans in 2018

MANDALAY — Myanma Economic Bank will provide some 700 billion kyats (US$520 million) in loans to small and medium enterprises (SMEs) across the country next year.

Under the arrangement of the Ministry of Planning and Finance, the loans will be provided at a 9 percent interest rate with a maximum repayment period of three years, according to the Mandalay Region Chamber of Commerce and Industry (MRCCI).

https://www.irrawaddy.com/news/burma/myanma-economic-bank-provide-sme-loans-2018.html
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