MBF – FNI Insurance Business Partner

FNI is a provider of both Non-Life and Life insurance policies in Myanmar. Non-life Insurance is the Company’s largest business, with motor and fire insurance comprising 96% of the total GWP in FY 2018. MBF borrower are the good market share for FNI. MBF serves as a major insurance business partner for FNI.

MBF – Funding Facility from IFC

YOMA bank and MBF has signed MMK 2.2 billion funding agreement in support of MBF’s Operation in Myanmar on 1st February 2019. With the fund provided by IFC, MBF aims to reach an additional five thousand new customers. The partnership aims to address growing demand of consumers, who are in need of unsecured loan for[…..]