Yoma Bank
Yoma Bank Limited (Burmese: ရိုးမဘဏ်; Chinese: 祐瑪銀行; pinyin: Yòumǎ Yínháng) is one of Myanmar's (Burma) largest commercial banks. It was established by First Myanmar Investment Company (FMI) in August 1993, with its first branch in Mingala Taungnyunt Township in Yangon. Today, Yoma Bank has over 41 branches in 24 cities. Yoma Bank was among many privately owned banks affected in the 2003 banking crisis, during which consumer confidence dropped after rumours spread throughout the country about the security of savings accounts.[citation needed] Like most all other privately owned banks in the country, the bank was solvent and maintained a sound loan to equity ratio, but was unable to withstand the abrupt and massive withdrawal of deposits and had to resort to the Central Bank's support.[citation needed] Its operations were subsequently curtailed and was allowed to remain open with limited services.[citation needed] During the 2003 financial crisis, Yoma Bank was brought undone largely through poor banking practices and lax lending controls, although it did not figure in the money-laundering practices that other local banks were accused of. The Central Bank of Myanmar (CBM) alleged that Yoma Bank had violated the country's 1990 Financial Institutions of Myanmar Law (FIML), although never specifying the specific breaches.
Yoma Bank's former chairman Serge Pun (also known as Thein Wai) is now chairman and CEO of Yoma Strategic Holdings, a Singapore listed public company whose investments include both in Myanmar and China. Former Myanmar Central Bank Governor, U Kyi Aye, was the Special Advisor to former chairman Serge Pun from 2000 to 2006, and as non-executive director of Yoma Strategic Holdings since 2006.
In 2008, the American Embassy in Rangoon recommended both YOMA Strategic and FMI to be placed under the sanctions list. This was alongside 31 other companies that included Htoo Trading - owned by [Tay Za] - and Asia World - owned by [Steven Law]. http://wikileaks.org/cable/2008/11/08RANGOON896.html
Serge Pun seems to have cultivated one of the cleanest reputations in Myanmar to outside observers but within the country there have been widespread misgivings about this reputation. In a well known example of how he treats his business partners - the building of the Grand Mee Ya Hta Service Apartments - there was tales of non-payment and harassment
Currently in 2013, Serge Pun's Group of Companies have been bidding on most licenses that the government has put out to tender. In some cases, he has used his Singapore listed entity to joint venture and bid on the same license as his local company with another different foreign partner.

This is an excerpt from the article Yoma Bank from the Wikipedia free encyclopedia. A list of authors is available at Wikipedia.
The article Yoma Bank at en.wikipedia.org was accessed 483 times in the last 30 days. (as of: 11/08/2013)
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Yoma Bank
An easy way to handle all your banking requirements, at the touch of a button ... The Yoma Bank Fixed Deposit service is a safe and secure way to deposit your ...
www.yomabank.com/
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Yoma Bank - Wikipedia, the free encyclopedia
Yoma Bank Limited (Burmese: ရိုးမဘဏ်; Chinese: 祐瑪銀行; pinyin: Yòumǎ Yínháng) is one of Myanmar's (Burma) largest commercial banks. It was ...
en.wikipedia.org/wiki/Yoma_Bank
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Serge Pun & Associates | Financial Services
Yoma Bank is one of Myanmar's leading fully licensed commercial banks. Established in 1993, Yoma Bank today has the largest private branch network in the ...
www.spa-myanmar.com/core-businesses/financial-services.html
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Yoma Bank - Deposit Rates Myanmar / Burma - Compare ...
Yoma Bank is one of the largest private banks in Myanmar. It was established in 1993 and today has 50 branches across the country and over 2,000 employees.
myanmar.deposits.org/providers/yoma-bank.html
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Yoma Bank - Local Business | Facebook
Yoma Bank. 385 likes · 6 talking about this · 292 were here. Local Business.
www.facebook.com/pages/Yoma-Bank/377697182253219
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Yoma Bank - Consult Myanmar
Yoma Bank sees disbursement of loans to small and medium enterprises as a crucial part of its service, U Theim Wai, chairman of First Myanmar Investment told ...
consult-myanmar.com/tag/yoma-bank/
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YOMA BANK
SUSTAINABLE BANKING. Focusing on strong corporate governance, conservative capital ratios, and the preservation of Yoma Bank's strong reputation.
www.yomabank.com.mm/
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Yoma Bank Ltd | Central Bank of Myanmar
Banks and Financial Institutions Law of Myanmar · CBM Laws · The Central Bank of Myanmar Law-1990 · The Law Amending the CBM Law- ... Yoma Bank Ltd ...
www.cbm.gov.mm/content/yoma-bank-ltd
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Board of Directors - Yoma Strategic Holdings Limited
He started his investment banking career in 1990 with Barclays de Zoete Wedd and subsequently, worked for some major names in the field of investment ...
www.yomastrategic.com/html/about_bod.php
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Telenor Myanmar plans mobile banking with Yoma Bank
Nov 25, 2014 ... Telenor Myanmar is partnering with Yoma Bank to offer mobile banking, with the aim of providing basic financial services to a country where ...
www.mobileworldlive.com/telenor-myanmar-plans-mobile-banking-yoma-bank
Search results for "Yoma Bank"
Google: approx. 133.000
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Yoma Bank in science
Yoma Bank - Wikipedia, the free encyclopedia
Yoma Bank Logo.svg ... Yoma Bank was among many privately owned banks affected in the 2003 banking crisis, during which ... Macquarie University.
Thin Thin Yoma Bank Profiles | Facebook
View the profiles of people named Thin Thin Yoma Bank on Facebook. ... Admin Officer at Yoma BankStudied at Meiktila UniversityLives in Meiktila · Thin Thin ...
Board and Management Profile | YOMA BANK
Mr Hal Bosher, currently serves as Special Advisor to the CEO of Yoma Bank. ... She later furthered her studies at Josai University in Tokyo, Japan and City ...
Daw Mi Mi Thet - Yoma Bank
Daw Mi Mi Thet joined Yoma Bank as Head of Human Resources in January 2014. ... She graduated with a B.A in English from Dagon University as well as an  ...
Kaung Myat Soe | LinkedIn
Deputy Head of International Banking, Yoma Bank ... Yangon University of Economic ... February 2003 – June 2004 (1 year 5 months)Yoma Card Department ...
Nyan Myint Aung | LinkedIn
Deputy Head of International Banking Department. Location: Myanmar; Industry: Banking. Current. Yoma Bank ... University of Distance Education Mandalay ...
Board of Directors - Yoma Strategic Holdings Limited
He started his investment banking career in 1990 with Barclays de Zoete Wedd ... graduated from University of Cambridge in 2000 with a Bachelor of Arts (First ...
Yoma Bank Ltd | Central Bank of Myanmar
Banks and Financial Institutions Law of Myanmar · CBM Laws · The Central Bank of Myanmar Law-1990 · The Law Amending the CBM Law- ... Yoma Bank Ltd ...
Serge Pun & Associates | Board of Directors
... SPA Group and of the Group's Singapore-listed affiliate Yoma Strategic Holdings. ... In 2006, Serge Pun led Yoma Strategic Holdings to a successful listing on ...
Yoma Bank Limited: Private Company Information - Businessweek
Jan 24, 2015 ... Yoma Bank Limited company research & investing information. Find executives and ... Yoma Bank Limited. Yoma Bank Limited does not have any Key Executives recorded. ... Rush University, United States. Citizens Budget ...
Books on the term Yoma Bank
The Economic Transition in Myanmar After 1988: Market ...
Kōichi Fujita, Fumiharu Mieno, Ikuko Okamoto, 2009
were established by the government for various purposes, including banks for civil servants and military personnel or for ... The central function of the AWB and the Yoma Bank appears to be to raise funds to finance their affiliates within each  ...
Moonjar Classic Moneybox: Save, Spend, Share
Moonjar Classic Moneybox: Save, Spend, Share
Dr. Thein Myint, 2013
Moonjar moneyboxes were created as a tool for children and families to incorporate strong financial values and practices into their daily lives. Launched in 2001, Moonjar moneyboxes are used in homes and schools around the world. The overwhelming response from Moonjar users; mothers and fathers, sons and daughters, grandparents, retailers, and fina...
Fiery Dragons: Banks, Moneylenders and Microfinance in Burma
Sean Turnell, 2009
Banks, Moneylenders and Microfinance in Burma Sean Turnell. deposits, 5 branches, 460 ... the other private banks. Nowhere was this more the case than for Yoma Bank, Burma's second-largest private bank before the 00 /03 financial crisis.
Myanmar's Transition: Openings, Obstacles, and Opportunities
Nick Cheesman, Monique Skidmore, Trevor Wilson, 2012
He later became CEO of First Myanmar Investment (FMI) company (1992), Yoma Bank (1993), and Yoma Strategic Holdings (2006), and has significant property interests in Yangon and elsewhere. Bloomberg Businessweek, "Yoma Strategic ...
Recovering Financial Systems: China and Asian Transition Economies (Ide-Jetro Series)
Recovering Financial Systems: China and Asian Transition Economies (Ide-Jetro Series)
2006
This volume explores what happened in the Asian transition economies of China, Vietnam and Myanmar from both macro and micro perspectives. These economies opted for the gradual transition approach rather than the big bang approach that Russia and some CIS economies took. This ensured that institutional change was possible, unlike with the big bang ...
Myanmar (Burma)
Robert Reid, Michael Grosberg, 2005
53 F3 Three Seasons Hotel............................. 54 E3 55 E2 Yoma Hotel. ... 16 B3 Myanma Agricultural Bank.................... 17 B2 New Yangon General Hospital........... ... 18 ... 24 D2 Yoma Bank.......................................... SIGHTS & ACTIVITIES 25 D1 ...
Greater Mekong Subregion Business Handbook
2002
Financial institutions The legal and regulatory framework for Myanmar's banking and finance sector is contained in the ... Bank Ltd. - Sibin Tharyar Yay Bank Ltd. ' Tun Foundation Bank Ltd. ' Yadanabon Bank Ltd. (Mandalay) ' Yoma Bank Ltd.
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Yoma Bank
Yoma Bank
www.yomabank.com/
Yoma Bank - Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Yoma_Bank
Yoma Bank Limited: Private Company Information - Businessweek
Yoma Bank Limited company research & investing information. Find executives and the latest company news.
www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=242106275
International Finance Corporation to lend Yoma Bank Ltd US$5 million to support Myanmar SMEs | Charltons Myanmar | Charltons Myanmar Blog
International Finance Corporation to lend Yoma Bank Ltd US$5 million to support Myanmar SMEs Yoma Bank Ltd (Yoma) will borrow approximately US$5 million from the International Finance Corporation (IFC) to form part of a proposed US$30 million investment fund to be used to develop Myanmar’s SME banking sector. (www.charltonsmyanmar.com/myanmar-news/
charltonsmyanmar.wordpress.com/2014/10/09/international-finance-corporation-to-lend-yoma-bank-ltd-us5-million-to-support-myanmar-smes-charltons-myanmar/
Yoma Bank ( Botataung Branch )
2 visitor has checked in at Yoma Bank ( Botataung Branch ). See photos, tips, similar places, and friends who have been there.
foursquare.com/v/yoma-bank--botataung-branch-/511c9407e4b021215a914885
Yoma Bank Re-Launched Today. Catch a glimpse at www.yomabank.com and look for more changes in 2015 | LinkedIn
Yoma Bank Re-Launched Today. Catch a glimpse at www.yomabank.com and look for more changes in 2015
www.linkedin.com/groups/Yoma-Bank-ReLaunched-Today-Catch-2314279.S.5942436378926145540
Suspended Yoma Bank to Open Again in Burma
The Irrawaddy provides continuous coverage of events in Burma and Southeast Asia, delivering news, analysis and opinion on issues that matter to our readers.
www2.irrawaddy.org/article.php?art_id=11389
Yoma Bank helps SMEs with loans
consult-myanmar.com/2014/12/19/yoma-bank-helps-smes-with-loans/
SLCM partners with YOMA BANK for Collateral Management
The collaboration to offer better lending opportunities to Agri and Commodity sectors.
www.indiainfoline.com/article/international-news/slcm-partners-with-yoma-bank-for-collateral-management-115012200346_1.html
IFC and Yoma Bank Ink Deal to Expand Financing for Small and Medium Enterprises in Myanmar | TODAY
www.today-myanmar.com/news/ifc-yoma-bank-ink-deal/
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