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KM Financial Solutions | Myanmar banks cheer central bank’s compromise on loan deadline
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Myanmar banks cheer central bank’s compromise on loan deadline

04 Dec Myanmar banks cheer central bank’s compromise on loan deadline

Posted at 09:11h in News by
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YANGON, Dec 5 (Reuters) – Private banks have welcomed a move
by Myanmar’s central bank to allow them more time to clear most
of their loan books, giving breathing space to lenders who had
warned of a cliff-edge scenario that could have destabilised the
financial system.

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