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- Central_Bank_of_Myanmar abstract "The Central Bank of Myanmar (Burmese: မြန်မာနိုင်ငံတော်ဗဟိုဘဏ်; MLCTS: mran ma nuing ngam taw ba hui bhan IPA: [mjəmà nàinŋàndɔ̀ bəhòʊbàn]; abbreviated CBM) is the central bank of Myanmar (formerly Burma). It was established under the Central Bank of Myanmar Law in 1990. Its headquarters are in Yankin Township, Yangon, Yangon Division, and it is headed by a 17-member board of directors, headed by Than Nyein. The Central Bank of Myanmar is operated by the Ministry of Finance and Revenue, which is a government ministry headed by Major-General Hla Tun. The Deputy Minister of Revenue and Finance is Colonel Hla Thein Swe.CBM has liberalised the financial organisations for competition, efficiency and integration into the regional financial system. As of the end of December 2007, there are 15 domestic private banks and 13 representative offices of foreign banks and three representative offices of foreign insurance companies in Myanmar. According to the changes in the economicrequirements of the country, the Central Bank rate has been increased from 10 percent to 12 percent since April 1, 2006.Agricultural liberalisation speeded up after the elimination of the government procurement system of the main agricultural crops such as rice, pulses, sugarcane, cotton, etc., in 2003–04. The state also reduced the subsidised agricultural inputs, especially fertiliser. With an intention to enhance private participation in trade of agricultural products and inputs, the government is now encouraging export of crops which are in surplus in domestic markets or grown on fallow or waste land, giving opportunities to farmer and private producers.Upon the guidance of the Ministry of Finance & Revenue, the CBM is responsible for financial stability and supervision of the financial sector in Myanmar. The institutional coverage of the financial supervisory authority includes state-owned banks and private banks in Myanmar. Two main approaches (on-site examination and off-site monitoring) are currently used for supervision, regulation and monitoring of financial stability. On-site examination involves assessing banks’ financial activities and internal management, to identify areas where corrective action is required and to analyse their banking transactions and financial conditions, ensuring that they are in accordance with existing laws, rules and regulations and the instructions of the CBM by using CAMEL. Off-site monitoring operations are normally based on the weekly, monthly, quarterly and annual reports which are submitted by the banks to the CBM. The Central Bank has also issued guidelines on the statutory reserve requirement, capital adequacy, liquidity, classification of N.P.L. and provision for bad and doubtful debts, single lending limit, etc. The reserve requirement, liquidity and capital adequacy required to be maintained by financial institutions have been prescribed according to the standards of the Bank for International Settlements (BIS). However, the implementation of Basel II will still take a few more years.".
- Central_Bank_of_Myanmar thumbnail Central_Bank_of_Myanmar_seal.png?width=300.
- Central_Bank_of_Myanmar wikiPageExternalLink myanmar.pdf.
- Central_Bank_of_Myanmar wikiPageID "5806782".
- Central_Bank_of_Myanmar wikiPageRevisionID "586993264".
- Central_Bank_of_Myanmar bankName "Central Bank of Myanmar".
- Central_Bank_of_Myanmar bankOf Burma.
- Central_Bank_of_Myanmar bot "H3llBot".
- Central_Bank_of_Myanmar currency Burmese_kyat.
- Central_Bank_of_Myanmar currencyIso "MMK".
- Central_Bank_of_Myanmar date "October 2010".
- Central_Bank_of_Myanmar established "1990-07-02".
- Central_Bank_of_Myanmar hasPhotoCollection Central_Bank_of_Myanmar.
- Central_Bank_of_Myanmar headquarters Naypyidaw.
- Central_Bank_of_Myanmar image "Central Bank of Myanmar seal.png".
- Central_Bank_of_Myanmar image "Naypyidaw -- Central Bank of Myanmar.JPG".
- Central_Bank_of_Myanmar imageTitle "Headquarters".
- Central_Bank_of_Myanmar imageTitle "Seal".
- Central_Bank_of_Myanmar imageWidth "125".
- Central_Bank_of_Myanmar leaderTitle "Governor".
- Central_Bank_of_Myanmar mlcts "mran ma nuing ngam taw ba hui bhan".
- Central_Bank_of_Myanmar my "မြန်မာနိုင်ငံတော်ဗဟိုဘဏ်".
- Central_Bank_of_Myanmar preceded "People’s Bank of Union Bank of Burma".
- Central_Bank_of_Myanmar preceded "Union Bank of Burma".
- Central_Bank_of_Myanmar president "Kyaw Kyaw Maung".
- Central_Bank_of_Myanmar subject Category:1990_establishments_in_Burma.
- Central_Bank_of_Myanmar subject Category:Banks_established_in_1990.
- Central_Bank_of_Myanmar subject Category:Banks_of_Burma.
- Central_Bank_of_Myanmar subject Category:Central_banks.
- Central_Bank_of_Myanmar subject Category:Economy_of_Burma.
- Central_Bank_of_Myanmar type Abstraction100002137.
- Central_Bank_of_Myanmar type CentralBank108349916.
- Central_Bank_of_Myanmar type CentralBanks.
- Central_Bank_of_Myanmar type FinancialInstitution108054721.
- Central_Bank_of_Myanmar type Group100031264.
- Central_Bank_of_Myanmar type Institution108053576.
- Central_Bank_of_Myanmar type Organization108008335.
- Central_Bank_of_Myanmar type SocialGroup107950920.
- Central_Bank_of_Myanmar type YagoLegalActor.
- Central_Bank_of_Myanmar type YagoLegalActorGeo.
- Central_Bank_of_Myanmar type YagoPermanentlyLocatedEntity.
- Central_Bank_of_Myanmar comment "The Central Bank of Myanmar (Burmese: မြန်မာနိုင်ငံတော်ဗဟိုဘဏ်; MLCTS: mran ma nuing ngam taw ba hui bhan IPA: [mjəmà nàinŋàndɔ̀ bəhòʊbàn]; abbreviated CBM) is the central bank of Myanmar (formerly Burma). It was established under the Central Bank of Myanmar Law in 1990. Its headquarters are in Yankin Township, Yangon, Yangon Division, and it is headed by a 17-member board of directors, headed by Than Nyein.".
- Central_Bank_of_Myanmar label "Central Bank of Myanmar".
- Central_Bank_of_Myanmar label "Центральный банк Мьянмы".
- Central_Bank_of_Myanmar label "缅甸中央银行".
- Central_Bank_of_Myanmar sameAs Bank_Sentral_Myanmar.
- Central_Bank_of_Myanmar sameAs m.0f60xz.
- Central_Bank_of_Myanmar sameAs Q1944374.
- Central_Bank_of_Myanmar sameAs Q1944374.
- Central_Bank_of_Myanmar sameAs Central_Bank_of_Myanmar.
- Central_Bank_of_Myanmar wasDerivedFrom Central_Bank_of_Myanmar?oldid=586993264.
- Central_Bank_of_Myanmar depiction Central_Bank_of_Myanmar_seal.png.
- Central_Bank_of_Myanmar isPrimaryTopicOf Central_Bank_of_Myanmar.