Corporate News

Friends and families around the world are marking Christmas Day with traditions both ancient and new! At AYA Bank, embracing the Christmas spirit, our Pathein Hall at the Rowe Office welcomed the holiday season with resounding joy, music, and laughter at our enchanting Christmas Carol Event. Under the shimmering lights, our AYA Carol Singers radiated the warmth of the season.

The festivities unfolded with heartfelt speeches from our esteemed Executive Chairman, Daw Khin Saw Oo, and Sayar Gyi Prof. Dr. Aung Tun Thet. Their words, filled with warmth and generosity, set the perfect tone for the celebration. Adding to the merriment, our Board of Directors generously shared Christmas gifts with the AYA staff, making the event truly special.

Together with this celebration, AYA Bank sends you all best wishes for a wonderful Christmas. May God bless you and your loved ones. May peace, love, and prosperity follow you always.

22 Dec 2023

On December 3, 2023, AYA Bank and the Myanmar Young Entrepreneurs Association (MYEA) celebrated a landmark collaboration to enhance Myanmar's entrepreneurial ecosystem. The signing of this initiative, led by AYA Bank's Deputy Chief Executive Officer, Daw Jasmine Thazin Aung, and Managing Director, U Minn Wint Oo, and MYEA's President Daw Thin Thin Kyaw and Secretary General Dr. Aung Myat Lwin, aims to strengthen Myanmar's entrepreneurship ecosystem.

Commemorating this milestone, AYA Bank and MYEA co-hosted an inspirational talk and networking event for Entrepreneurs, led by U Myint Zaw, Chief Executive Officer of AYA Bank. The event also featured a special segment where U Myint Zaw along with U Myat Min Htin Kyaw, Deputy Chief Excutive Officer of AYA Pay and U Myo Min Thu, Chief Executive Officer of AYA Sompo, introduced AYA Financial Services and Consumer Behavior Insights to support businesses.

The event was honored with insights from Dr. Sai Sam Htun of Loi Hein Group and Daw Win Win Tint of City Holdings Group, offering valuable guidance to entrepreneurs. We extend heartfelt thanks to MYEA and all attendees for making this event a success and are committed to providing comprehensive financial consultations for businesses.

As Myanmar's fastest-growing bank, with over 200 branches nationwide, AYA Bank is uniquely positioned to support Large Enterprises, SMEs and MSMEs. In collaboration with MYEA, we are eager to foster a robust entrepreneurial culture in Myanmar.

13 Dec 2023

AYA Bank, the Bank with vast network, partnered with the ‘15th Myanmar’s Biggest Property and Car Expo’ of the year, as the Official Banking Partner. The exhibition took place at Lotte Hotel on 21st and 22nd October 2023. This two-day event was organized by iMyanmar House, Myanmar’s No.1 property portal and CarsDB, the leading online marketplace for vehicles in Myanmar. In collaboration with the market leaders, AYA Bank took significant steps to bring homeownership and automobile acquisition closer to reality.

This event brought together Myanmar’s leading property developers, insurance service providers, lifestyle brands, and more, all under one roof. It served as a one-stop solution for property seekers, lifestyle enthusiasts, and families alike. Whether the visitor is a first-time homebuyer or a seasoned property investor, the event featured properties from various neighborhoods and housing options designed to meet their needs. The crowd got up close and personal with cutting-edge cars and explored the future of mobility. This expo was not just about properties; it’s a holistic experience that brought together various aspects of modern living.

On the other end, making a significant investment, such as purchasing a property, requires careful consideration. That is why this “Property & Car Expo” goes beyond showcasing properties. At the event, people can consult on-site with our professional executives and property-related companies to receive expert advice and insights. These consultations helped them make well-informed decisions and guided them through the entire buying process.

AYA Bank is steadfast in transforming dreams into tangible assets. Our Home Loans offer competitive long-term rates, and our Auto Loans connect you to 100+ showrooms for diverse options. We provide financial solutions and advice to eager consumers looking for financial assistance, allowing them to make their housing and automobile dreams come true.

24 Oct 2023

Every year during Thadingyut season, AYA Bank PCL hosts the annual paying homage ceremony where staffs honour the venerable members of the Bank. On the morning of October 20th 2023, the ceremony took place at Rowe Head Office, Yangon to express our respect and admiration to Board of Directors, Executive Committee members and senior citizens of AYA.

The occasion began with serving breakfast to senior management and all staff members. Afterwards, the staff paid homage to the senior members through a prayer, and a gift-giving to them. During the ceremony, on behalf of the Bank’s Senior Management, U Zaw Zaw, Founder and Chairman, Daw Khin Saw Oo, Executive Chairman, and Professor Dr. Aung Tun Thet, Independent Non-Executive Director gave remarkable speech with Metta and wishes for healthiness and wealthiness.

The event, fostered a sense of Garrawa and Niwarta Mingalar Tayar, was ended successfully with positive dialog between the seniors and the staffs. It was such an auspicious moment for us, and we will continue bringing this lovely culture every year.

23 Oct 2023

On the 14th October 2023, today, AYA Bank PCL announced the signing of a Memorandum of Understanding (MoU) with Myanmar Agro Exchange Public Ltd. (MAEX) to offer MSME Loan to grocery stalls at Danyingone Market. This is a joint initiative to establish a framework of partnership between the bank and farmers’ market. AYA Bank seeks to promote cooperative and community ownership, advance equity, diversity, and inclusion, and provide capital access to underserved communities through MSME funding.

AYA Bank’s credit solution caters to the needs of Micro, Small and Medium-sized Enterprises. Our team of experts will guide them the process of securing this credit facility. Increasing its focus on MSMEs, the Bank will support loan fund up to three billion to help financing wholesale grocery stalls at Danyingone Local Market. Speaking on the occasion, U Myint Zaw, Chief Executive Officer of AYA Bank PCL said “The MoU is a positive sign that will help MSMEs to overcome financing challenges and unlock their potential to drive economic growth in the country.” “ The loan term will be between one to two years, and the interest rate will be as low as 10% per annum, to support viable MSMEs that lack collateral when applying for loans”, added by U Toe Lin Nyunt, Director and Head of SME Banking of AYA Bank PCL.

The new Danyingone Wholesale Market, being built in four phases, was developed by MAEX. It was launched in 2018 and presently, more than 6,000 stalls are operating. U Aung Gyi, Chief Executive Officer of MAEX explained that, “Sixty grocery stalls will be financed for the first step after calculating their eligible amount and the required working capital to expand their business. Loan verification process has also been conducted by the Bank to release funds.” 

The collaboration will provide support to MSMEs, primarily in the grocery sector, by increasing their access to financing despite collateral challenges, and promote financial literacy. Recognizing that MSMEs, approximately 99 percent of business in Myanmar, are the main driving force for the state economy, AYA Bank PCL participates in this major initiative to accelerate the development of the MSME Sector.

20 Oct 2023

AYA Bank is proud to be a Platinum Partner of JobNATION, a large-scale career fair for every skilled job seeker, hosted by JobNet.com.mm. The reputable fair has been taking place at Novotel Yangon Max on 16th of September 2023, providing a great opportunity for job seekers to directly engage and connect with Hiring Managers and HR Directors of the country’s leading companies. It offered a platform that provides talents and employers with unsurpassed recruitment and networking opportunities from across industries under one roof. 

AYA Bank went beyond our office walls to connect with talents, share our value, culture, and introduce our job opportunities, especially designed to equip a better tomorrow. Talents who visited our booth at the fair learnt more about impactful professional skills, and our healthy work environment that will help them thrive, give them the freedom to explore their potentials. Furthermore, AYA Bank’s inspiring and professional leaders, U Myat Min Htin Kyaw, Deputy CEO of AYA Pay and U Ye Aung, Head of Corporate Domestic Banking shared invaluable insights at the event. They captivated the room with their perspectives on digital career paths and extensive banking experiences. 

Marking a resounding success, the job fair was attended by over 4,000 talented professionals from various industries and participated by over 40 of Myanmar’s prominent local and international companies spanning diverse industries.  JobNATION leveraged its cutting-edge Paperless Technology to streamline the job application process with the usage of the innovative Digital CV ID system. The advanced application management system enhanced efficiency and smooth interaction between talents and companies. We are delighted to participate in the outstanding and successful job fair and had the chance to provide talents with important job market information, exciting job opportunities and shape their own future.

21 Sep 2023

This year, AYA Bank celebrated its anniversary by conducting a nationwide donation drive. We are proud to announce the donation week commencing from 11th August, 2023 to commemorate the Bank’s 13th Anniversary, with various activities organized by head offices in Yangon and branches across the country.  We embarked on the charitable contribution of total amount in excess of MMK 100 million, both cash and in kind to deserved people and several charity organizations.

On the early morning of 11th August 2023, Warso robe offering ceremony was held at Rowe Head Office in Yangon, presented by senior management and office staff. The recurrence was conducted at River View Head Office in the afternoon. On the same day and the next, various charitable activities in the localities of AYA Bank’s operation divisions, were led by the Head of Divisions, along with staff from respective branches. AYA Bank’s family contributed cash and other necessities to home for the aged, philanthropic schools, monasteries, orphanages and youth centers throughout the country to mark the Bank’s anniversary by doing good deeds.

Over the last decade, AYA Bank has developed its fiscal expertise with its core business activities of corporate banking, consumer banking and retail banking. Multiple industry awards throughout the years bear further testimony to AYA Bank’s strength, experience and consistency. For 13 years of better banking, AYA Bank presently employs more than 6,000 employees across its offices and branches, and also provides treasury, investment banking, project financing and banccasurance services.

AYA Bank is now 13 years and counting! We would like to take this opportunity to express our heartfelt appreciation to all our stakeholders and customers for all their valuable support throughout the years. We’ll keep on getting better, investing in what matters to the community. As we continue to hope for the better years, we commit to move forward while giving back to the country. 

17 Aug 2023

We are pleased to share that in continuation of our endeavor to support the next generation, we welcomed a very promising undergraduate students from Myanmar Noble University College to AYA Bank’s Riverview Head Office on July 27, 2023. The aim of the initiative is to help students learn about the latest technology trend, to give exposure about the practical aspects of banking industry and to understand opportunities available after school.

During the visit, U Minn Wint Oo, Managing Director of Banking Operations and Retail Banking at AYA Bank, graciously shared his extensive knowledge of the industry and highlighted the corporate milestones achieved by the bank. He encouraged the students to make the most of this opportunity, allowing them to gain deeper insights into the workings of banking operations and the ongoing digital transformation within the industry. The visit was attended by a total of thirty-six students who had the opportunity to explore and tour the bank's premises.

We firmly believe that this industrial visit served as a bridge between the theoretical knowledge imparted in the classroom and its practical application in the real-world industry setting. By exposing the students to the inner workings of a leading bank like AYA Bank, we hope to empower and inspire them to make informed career choices and pursue opportunities in the banking sector.

At AYA Bank, we remain committed to fostering the growth and development of the younger generation, and we look forward to organizing more insightful initiatives in the future to empower students on their educational journey.

28 Jul 2023

AYA Bank has proudly wrapped up the second batch of ‘Certified Branch Managers Program’ for our 2ICs, who are the next person to lead the branch, with a special welcome and inspirational talk by our Founding Chairman, U Zaw. Esteemed guest speakers, Professor Dr. Aung Tun Thet and Daw Aye Aye Win also shared invaluable insights on key banking topics. As per the program agenda, our Executive Team led enlightening discussions, arming branch managers with effective strategies. The program aligned with our dedication to excellence, ongoing business evolution, and tackling market challenges.

Organized by People, Learning and Development teams, the comprehensive certification program evaluated managers across various criteria, highlighting our commitment to enhancing their expertise. Our People Division relentlessly fosters growth and achievement, underscoring our dedication to professional development. Through the blended curriculum, this program has provided a space for 2ICs to better understand themselves and their role as a manager. The program ended successfully with interactive learning and discussions and a plan for taking the key practices back into the organization and people.

 

18 Jul 2023