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The article looks at the financial services industry in Myanmar, or Burma, as of 2013. It notes the system is developing dramatically due to the ending of international sanctions against the country, including the introduction of automated teller machines (ATMs) and the presence of foreign banks. It...

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Published in:Economist Vol. 405; no. 8855; p. 68
Format: Article
Published: Economist Newspaper Limited 9/28/2013
Subjects:
Telenor ASA
Ooredoo Qatar QSC
Telecommunication
Financial services industry
Myanmar economy, 1948-
International sanctions
Automated teller machines
Mobile banking industry
Online Access:View this record in EBSCOhost
Summary:The article looks at the financial services industry in Myanmar, or Burma, as of 2013. It notes the system is developing dramatically due to the ending of international sanctions against the country, including the introduction of automated teller machines (ATMs) and the presence of foreign banks. It says a mobile banking system would serve the country's largely rural population and discusses the work of telecommunications firms Telenor and Ooredoo in the country.