Native name | မြန်မာ့လယ်ယာဖွံ့ဖြိုးရေးဘဏ် |
|---|---|
| Company type | State-owned enterprise |
| Founded | 1953 |
| Headquarters | Yangon, Myanmar |
| Products | Banking |
| Parent | Ministry of Agriculture and Irrigation |
The Myanma Agricultural Development Bank (Burmese: မြန်မာ့လယ်ယာဖွံ့ဖြိုးရေးဘဏ်; abbreviated MADB) is a government-owned bank specialized in providing financial services to agricultural enterprises in Myanmar (Burma), and is the largest financial institution of its kind.[1][2] The bank is owned and operated by the Ministry of Agriculture and Irrigation (MAI), and has 206 branches nationwide.[2] MADB provides loans to a sizable number of rural households, serving 1.87 million customers in 2012.[1][2] MADB loan products typically cover farmers' short-term working capital needs (e.g., purchase of seeds, fertilizers, and pesticides; payment of salaries for farm workers; and lease of agriculture equipment).[2]
- ^ a b World Bank (2014-04-08). "Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options".
{{cite journal}}: Cite journal requires|journal=(help) - ^ a b c d "Myanmar Agricultural Development Bank". LIFT. Retrieved 2020-05-23.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search