The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
Best Bank Awards

Myanmar's best domestic bank 2021: CB Bank

CB Bank

Kyaw Lynn, CB Bank.jpg
Kyaw Lynn, CB Bank

Banking in Myanmar has never been easy. The country has long balanced a competitive landscape with a massively unbanked population. Banks have tried a variety of approaches to entice customers and establish a presence in the far corners of the country. CB Bank stands out as Myanmar's best domestic bank, best corporate and investment bank and best bank for small and medium-sized enterprises.

CB Bank, founded in 1992, has made itself a key player in the banking world. Its outstanding performance in Myanmar in 2020 was notable across the board, from retail to SMEs to large corporations. The bank, led by executive vice chairman and chief executive Kyaw Lynn, has tried to become a one-stop shop for clients during the Covid-19 pandemic.

In the 2019/2020 fiscal year, CB Bank reported total revenue of nearly K545.88 billion ($388 million). Loans increased 17% to about K3.75 trillion. Deposits grew 26%, as the bank reported total deposits and savings of K6.57 trillion.

Even in the face of considerable obstacles, CB Bank’s ambition is to offer more digital options for its customers and increase its current 245 branches to 300 in the next two years.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree