Co-operative Bank, CB Bank was first set up as a private bank back in August 1992 pursuant to the Central Bank of Myanmar Law and Financial Institutions of Myanmar Law. CB Bank was subsequently converted into a public company since June 5, 2004 as a result of merger exercise with two other banks.
CB Bank was duly licensed by Central Bank of Myanmar to operate as a commercial and investment bank under the name of Co-operative Bank since June, 2004. it became more active towards offering international banking services when the Myanmar economy was re-opened after 50 years of closure and isolation in 2011.
CB Bank has been the front runner in the local banking area for being the early adopter of technology and innovative as backed by its extensive knowledge of local markets and on the regulations since our inception. Our core banking system – T24 from Temenos of Switzerland has enhanced bank-wide connectivity with the branches to facilitate better banking services and improve overall customer experience.
We are the first bank to have introduced ATMs to Myanmar in 2011, which is followed by accepting VISA, mastercard , UnionPay international through our Point of Sale (POS) network since 2012. We were also the first bank to launch internet & Mobile Banking and Agent Banking since 2014 and introduced Business Internet Banking since early 2015. To date , CB Bank , being one of the largest local banks, has the largest ATMs and Agent Banking Network, Mobile Banking transaction volume and the largest number of cards issued in excess of 500,000 and growing (MPU, VISA, mastercard and UnionPay International (UPI) ).
For more information, please visit www.cbbank.com.mm