Ayeyarwaddy Farmers Development Bank (A bank) is established on December 3, 2014, under Notification No. 3, 2014 by the Central Bank of Myanmar and the Company was registered on December 22, 2014 in accordance with the Myanmar Companies Law. We got Commercial Banking License No. MAB/P-34/ (11) 2015 on November 17, 2015 and the first branch of Pathein was opened on 17 November, 2015.
We have entrenched good corporate governance in our business, while setting the tone that supports moral righteousness, transparency, and fairness. We adhere to the highest principles of ethical conduct surpass all statutory prerequisites in taking our business to the next level as we are committed to responding to expectations of stakeholders, communities, and society.
We has undertaken its business in strict compliance with the Financial Institutions Law, 2016 and notifications and regulations of the Central Bank of Myanmar, as well as other related regulatory requirements. Our Bank conducts the fundamental commercial banking business, including Remittance Services, Loans, Corporate and International Trade Financing.
To become an innovative and dynamic bank in Myanmar with strong commitments to cultivate positive and sustainable outcomes for all stakeholders.
- To deliver authentic, accessible, adjustable, advanced and accommodating products and services
- To employ asset-light, cost-efficient and digital-driven approach
- To leverage our network of local and international partners to deliver positive impacts
- To strengthen national financial inclusion efforts with providing accessible and equal financial opportunity for all underserved populations through innovative channels
Vision and Mission will be updated quartely.