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Myanmar Banking Association announces the suspension of domestic banks

Myanmar Banking Association announces the suspension of domestic banks

by YCPress

The Myanmar Banking Association issued a notice on the morning of February 1 local time, announcing that all banks in Myanmar were closed.

The Myanmar Banking Association held an emergency meeting earlier in the day and believed that it was unable to support bank withdrawal operations due to the widespread interruption of payment and communication systems after the state of emergency in Myanmar.

The specific time of reopening is to be notified after the network is restored.