The 2024-2025 financial year annual statement closing coordination meeting of the Myanma Economic Bank was held in Nay Pyi Taw yesterday.
It was attended by Deputy Prime Minister Union Minister for Planning and Finance U Win Shein, deputy ministers, departmental heads of the ministry and Central Bank of Myanmar, managers of region and state Myanma Economic Banks and district branches.In his speech, the Union minister
said the Myanma Economic Bank is a reliable state-owned bank for the people and
the managers should supervise to ensure the increase in deposits of people, to
grant quality loans using the deposits in line with the banking rules and
procedures and to be systematic with loan usage. Moreover, they should make
efforts to ensure loans are repaid within the designated period and reduce the
outstanding loan amount. The Internal Audit Department also should scrutinize
all the branches regularly to supervise the banking services promptly and
conduct an off-site scrutinizing system for the branches in remote areas aiming
at preventing financial fraud and misuse in time.
He then urged all those concerned to
conduct public awareness programmes about modern banking services for the
people to be more familiar with the banks and actively participate in banking
activities with trust.
Myanma Economic Bank organizes the
annual statement closing coordination meeting for every financial year. The
bank will organize this year’s ceremony jointly with the Central Bank of
Myanmar including paper-reading sessions and discussions until 21 February.
MNA/KTZH
#TheGlobalNewLightOfMyanmar
No comments:
Post a Comment