Innwa Bank
|
Native name
|
အင်းဝဘဏ်လီမိတက် |
|---|---|
| Private | |
| Industry | Bank |
| Founded | November 28, 1997 |
| Founder | Myanmar Economic Corporation |
| Headquarters | Kyauktada Township, Yangon, Myanmar (Burma) |
| Total assets | 260 billion kyat (US$2.60 million) (2012-13) |
| Website | www |
Innwa Bank Limited (Burmese: အင်းဝဘဏ်လီမိတက်) is a private commercial bank in Burma (Myanmar). Innwa Bank was founded by the Myanmar Economic Corporation (MEC) in 1997, a major conglomerate owned by serving and retired military officers of the Tatmadaw, affiliated with the Myanmar Ministry of Defence. The bank serves as a financial vehicle for MEC's subsidiaries and affiliates. Innwa Bank is wholly owned by MEC, which is in turn, owned by the government. Military authorities control the bank's management.
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