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World Bank divests from Myanmar s Yoma Bank | Mizzima Myanmar News and Insight

According to campaign group Justice for Myanmar (JFM) the International Finance Corporation (IFC) of the World Bank Group is divesting from Myanmar’s Yoma Bank after its business with military companies was exposed.

Aung hlaingHong kongUnited kingdomMin aung hlaingYadanar maungWorld bank groupInnwa bankTelecom international myanmarYangon stock exchangeYoma bankMyanmar yoma bankPun holdingsInternational finance corporationYoma bank onNational unity governmentMyanmar economic corporation

IFC Divests from Yoma Bank After Myanmar Military Links Exposed

World Bank’s private sector development arm sells 4.5 percent stake in Myanmar bank and faces pressure to cut its other ties with junta.

Aung hlaingMa yadanar maungMin aung hlaingYadanar maungWorld bank groupYoma bank to first myanmar investmentInternational finance corporationYoma bank onYoma bankNational unity governmentJustice for myanmarPinnacle asiaKhin thiri thet monFirst myanmar investmentSule squareQuarter master general office

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