Our History
Who we are > About Us
Our History
Who we are > About Us
Our History
2023
Celebrates its 30th Anniversary
Appoints U Ba Maung Sein as the new CEO
2022
Launches Yoma Bank’s Next Mobile Application
2021
Launches Flexi Accounts
Moves Head Office to Star City Campus
Introduces the WeCare Program to strengthen
our Employee Value Proposition (EVP)
2020
GIC and Norfund acquire equity stakes
2019
Opens Business Centers in Yangon & Mandalay
IFC converts its loan to equity shareholding
Partnered with LIFT to launch Rural Woman Digital Financing Program
2018
Celebrates its 25th Anniversary
Launches an online application portal for SMART
2017
Launches SMART digital account and a new mobile app
2016
Launches first digital core banking system
Wave Money becomes the first licensed mobile money operator
2015
Joint venture with Yoma Strategic and Telenor Group
to set up Wave Money
Partners with the Livelihoods and Food Security Fund (LIFT)
2014
Enters a partnership agreement with International Finance Corporation (IFC)
2013
Restores lending services and receives authorized dealer license
2012
Regains full banking license
2003
Continues to offer reliable domestic remittance services
2001
Becomes one of Myanmar’s Largest Banks
1993
Founded by U Theim Wai @ Serge Pun