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MFTB meaning in Business ? |
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Answer» What is Myanma Foreign Trade Bank mean? The Myanma Foreign Trade Bank (Burmese: မြန်မာ့နိုင်ငံခြားကုန်သွယ်မှုဘဏ်; abbreviated MFTB) is a state-owned bank specializing in foreign banking. Its provides trade finance and foreign exchange-related banking to the government, state enterprises, and the international community residing in Myanmar. MFTB also manages Burma's official foreign currency reserves. Until recent economic reforms, MFTB had a monopoly on foreign exchange and customer base. The bank was established under the Financial Institutions of Myanmar Law of 1990. reference |
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