ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Myanmar's AYA Bank lowers barrier to Visa card

New rules stipulate minimum income of $110 per month

AYA Bank wants to make credit cards available for everybody. A launching ceremony was held in Yangon on Tuesday.

YANGON -- Myanmar's Ayeyarwady Bank, also known as AYA Bank, announced on Tuesday that it will start issuing Visa cards to a wider customer base.

The bank will issue three types of credit cards -- silver, gold and platinum. The most accessible card requires a monthly income of 150,000 kyat ($110), with an annual fee of 20,000 kyat.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more