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Ayeyawaddy Farmers Development Bank, widely known as A bank, a public company limited was formed on December 22nd, 2014 under the 3/2014 Financial Law ratified on July 30th, 2014 by the Central Bank of Myanmar. A bank is running nationwide commercial banking operations under licenses authorized by Central Bank of Myanmar.

A bank was formed by a set of companies specialized in agriculture businesses throughout the supply chain.

The main purpose of A bank is to bring development in agro-based industry through value chain financing i.e. increasing the access of finance at every stage of value chain_starting from production to consumption.A bank also intends to support SME development and “Financial Inclusion of Unbanked Population”by delivering technology-enabled, diversified banking products and services through multi-channels approach.

 

Motto

Standing with You

 

Core Values

Integrity, Service Excellence, Innovation and Dynamic

 Standing with you Business Banking
CURRENT ACCOUNT

Suitable for companies, business, organization and enterpreneurs.

SAVINGS DEPOSIT ACCOUNT

An annual interest rate of 8.7 % is offered.

FIXED DEPOSIT ACCOUNT

10 % interest for 1year deposit.

CALL DEPOSIT ACCOUNT

An annual interest rate of 6% per annum for 10 million MMK and above and 4% per annum for 10 million MMK under

LOANS

Overdraft Agricultural / Livestock breeding loans, Hire / Purchase Medium-term/Long-term loans and Project loans.

SAFE DEPOSIT

Gold and silver wares and important documents can be kept in our lockers.

INTERNAL REMITTANCE

We can offer a more convenient and faster remittance to owns were there are their branch banks.

Payment Order

Commission is collected pyas 10 for K 100, and the commission ranges from K 100 to K 30,000.