Sunday, February 23, 2025

MSME loans available for application


MSME business owners in Nay Pyi Taw, the Union Territory, as well as in regions and states, can apply for the necessary loans to expand their businesses, purchase machinery, and procure raw materials. These loans are provided by the Myanma Economic Bank, Myanma Agricultural Development Bank, and 16 private banks.

The annual interest rates are three per cent for loans where at least 30 per cent is used for fixed capital, four per cent for loans used entirely 100 per cent as working capital and five per cent for loans issued under the Credit Guarantee Insurance (CGI) system.

MSME business owners who wish to apply for loans are advised to contact the relevant MSME agencies in Nay Pyi Taw, the Union Territory, regions, and states.

MSME Development Fund Management Committee

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