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28th February 2016

Agreement of a Fund Settlement Bank with KBZ Bank

On 28th February, 2016, Yangon Stock Exchange (YSX) entered into an agreement on a fund settlement for stock trading with Kanbawza Bank Limited (KBZ Bank) and the ceremony was held at the Strand Square building located on No.53, Strand Road, Pabedan Township, Yangon.

For signing the agreement, U Yin Zaw Myo, Managing Director of YSX and U Than Cho, Senior Managing Director of KBZ Bank limited presented at the ceremony.

According to the agreement, KBZ Bank was designated as the fund settlement bank for stock trading at YSX to conduct settlement operations including the payment and receipt of fund between YSX and each securities company.