AYA Bank

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General Information
Company Name
AYA Bank
Founded Year
2010
Location (Offices)
Yangon, Myanmar +1
Founders / Decision Makers
Number of Employees
1733
Industries
Finance, Financial Services, Banking
Funding Stage
-
Social Media

AYA Bank - Company Profile

AYA Bank is a prominent financial institution in Myanmar, established in 2010 and licensed by the Central Bank of Myanmar. With a network of 262 branches and a customer base of 3.2 million, it has positioned itself as the country's second-largest bank. AYA Bank's financial strength is evident through its paid-up capital of MMK 140 billion and total assets valued at MMK 7 trillion. As a member of the United Nations Global Compact (UNGC), the bank is committed to upholding global standards in corporate governance and compliance, integrating best practices into its management and operations. The company's primary business strategy revolves around offering comprehensive banking and financial solutions to enable the growth and enrichment of its customers' lives. AYA Bank prides itself on being the leading provider of Auto Loan Products in Myanmar, holding a market share of 34% in the new car lending market. Additionally, the bank has successfully transformed 52% of its active customers into Digital Banking users, embracing the shift towards cashless transactions and payments. As part of its commitment to innovation and customer value, AYA Bank has made significant investments in learning and development, ensuring sustainable long-term growth for the communities it serves. Furthermore, it aims to strengthen its governance, risk, and compliance structure to ensure a balanced and sustainable growth trajectory. With a focus on financial inclusion, AYA Bank aims to serve millions of customers nationwide. In conclusion, AYA Bank's strategic focus on customer service, digitalization, and sustainable growth, combined with its strong financial standing and commitment to global standards, positions it as a significant player in the Myanmar banking industry, offering an attractive opportunity for potential investment.

Taxonomy: banking, digital banking, auto loans, corporate governance, UN Global Compact, investment, financial inclusion, technology, sustainable growth, Myanmar, customer base expansion, digital payments

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