Wednesday, January 30, 2013

Burmese bank to go public in 2015

28 Jan 2013

A representative from the Asia Development Green Bank (AGD Bank)
 has confirmed that it will go public in 2015.
“The Central Bank has allowed AGD Bank to form a public company.
 It has applied to the companies’ registration department and once
 the company gets permission to form a public company, foreign experts
 will be assigned to evaluate the company’s assets to set the share value,”
 said U Thet Lwin Shwe, deputy managing director of AGD Bank.

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