Kanbawza Bank (KBZ Bank) was established on the 1st of July 1994 in Taunggyi, located in the southern part of Shan State. Initially, the bank catered the local population in Taunggyi. In November 1999, our present management acquired the organization from previous owners who were professors and oversaw its development into one of the biggest private commercial banks in Myanmar. KBZ Bank is now Myanmar’s largest privately-owned bank, with over 500 branches. Headquartered in Yangon, Myanmar, KBZ Bank’s vision is to improve the quality of life in Myanmar through banking.
KBZ Bank presently accounts for approximately 40 percent market share of both retail and commercial banking in the country. The bank is leading the way, particularly in digital and technology, for Myanmar’s rapidly developing financial services industry through an approach that understands the opportunities of innovation, the needs of the Myanmar people and the unique context of the country’s economy.
As Myanmar’s economy expands and opens up, KBZ Bank sees exciting opportunities to work with international investors, providing an important and critical bridge to Myanmar’s fast-growing cities, entrepreneurs and local communities.