KBZ stands for Kanbawza, the traditional name for the Shan State in Myanmar. KBZ Bank is a part of the KBZ Group of Companies founded by Chairman Mr. Aung Ko Win. Along with banking, KBZ Group operates successfully across various businesses such as mining, aviation, insurance, agriculture, infrastructure, manufacturing, healthcare, and hospitality.
Kanbawza (KBZ) Bank was established on 1st of July 1994 with a single branch in Taunggyi, Southern Shan State. The current management took over Kanbawza in November 1999 and later it grows and develops as the largest privately owned commercial bank in Myanmar with the most extensive retail banking network.
KBZ Bank has been rapidly building up its wholesale and international banking services providing a wide range of financial services to facilitate the needs of large local corporates (LLCs) and international clients including multinational corporations. KBZ Bank provides corporate banking coverage to MNCs and LLCs in assisting them with Treasury, Cash Management, Trade Finance, Corporate Financing, International Remittance and related services.
KBZ Bank is also involved in supporting local communities and financing to small and medium enterprises in Myanmar. KBZ bank was also well recognized for its efforts in CSR and philanthropy. It earned several awards including “Highest Tax Payer Award” by Myanmar Government. Recently, it achieved the “Best Corporate Governance Award” awarded by World Finance Magazine in 2013.