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Local banks struggle to meet CBM regulations amid slower economy

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BurmeseNews

BurmeseNews

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Local banks are finding it difficult to meet a set of new regulations set by the Central Bank of Myanmar (CBM) in July 2017 to modernise the domestic financial sector and better attract foreign direct investments at a time of slower growth. 
 
Under a new Financial Institutions Law, the CBM has ordered banks to maintain higher capital adequacy ratios, limit lending exposure to single borrowers, reclassify loans and advances and recover overdraft loans. Drafted with assistance from the International Monetary Fund, the regulations are in line with international Basel III standards.
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ျပည္တြင္းဘဏ္ေတြဟာ ဗဟိုဘဏ္က စည္မ်ဥ္းအသစ္မ်ားကို လိုက္နာရန္အခက္အခဲေတြ႔ေနရေၾကာင္း သိရသည္။ 
 






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