What does MFTB mean in BANKING
The Myanma Foreign Trade Bank (MFTB) is a state-owned bank in Myanmar (Burma), established in 1995. It provides banking services to businesses and individuals, handles foreign exchange transactions, and facilitates foreign trade activities.
MFTB meaning in Banking in Business
MFTB mostly used in an acronym Banking in Category Business that means Myanma Foreign Trade Bank
Shorthand: MFTB,
Full Form: Myanma Foreign Trade Bank
For more information of "Myanma Foreign Trade Bank", see the section below.
Essential Questions and Answers on Myanma Foreign Trade Bank in "BUSINESS»BANKING"
What services does the MFTB provide?
The MFTB provides banking services to businesses and individuals, handles foreign exchange transactions, and facilitates foreign trade activities.
How long has the MFTB been in operation?
The MFTB was established in 1995.
How is the MFTB structured?
The MFTB is a state-owned bank that operates under the Ministry of Planning and Finance of Myanmar.
Does the MFTB offer online banking services?
Yes, the MFTB offers online banking services for their customers to access their accounts, transfer funds, pay bills, etc., through its website or mobile app.
What are some other services provided by the MFTB?
In addition to providing general banking services, the MFTB also offers corporate banking services such as working capital finance, loans for business expansion/investment, trade finance facilities for export/import transactions, and remittance facilitation for cross-border payments.
Final Words:
The Myanma Foreign Trade Bank (MFTB) is a state-owned bank that provides various financial services to individuals and businesses operating within Myanmar. It has been active since 1995 and offers a range of traditional and online banking products as well as international trade finance solutions to facilitate cross-border payments.
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