Kanbawza Bank
private commercial bank in Myanmar
Kanbawza Bank (Burmese: ကမ္ဘောဇဘဏ်; Burmese pronunciation: [kàɴbɔ́za̰ bàɴ]; abbreviated as KBZ Bank) is a private commercial bank in Myanmar. The bank was established on 1 July 1994 in Taunggyi, Shan State. KBZ Bank shares the same brand as a number of companies in Myanmar but is separate and independent of those companies. Kanbawza Group is a brand founded by Aung Ko Win to share the KBZ name across industries.
History
Launch of KBZPay
In October 2018, KBZ Bank launched KBZPay, a mobile wallet platform that allows individuals, merchants and businesses access to the financial system and Myanmar's emerging digital economy. Aside from storing money, KBZPay app allows customers to make cashless transactions, send and receive money, and withdraw cash through authorised agents, merchants and ATMs, at zero to low cost, without a card, across the country.
Most recently, the platform was boosted by the introduction of shopper and personal loans, digital life insurance, and a donation function, which allows people to donate to charities within a single platform. The app, which is available for download across the country, has been downloaded 6 million times by August 2020, with more than US$9 billion in transactions facilitated.
COVID-19 relief contributions
In March 2020, KBZ Bank donated nearly US$1 million to Myanmar's health ministry to combat COVID-19. The bank also donated 600,000 surgical masks and 3,000 other sets of PPE. The bank increased the supply of bank notes by tenfold in all of its 500 branches and 2,200 ATMs, while also doubling withdrawal limits for its customers.
The public source identifies “Kanbawza Bank” as private commercial bank in Myanmar. This brief keeps that definition visible, then builds a research path around Kanbawza, Bank and private.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Jun 16, 2026. The linked authority identifier is Q6360949. 1 of 2 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 1994, 2018 and 2020.
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This entry incorporates text from “Kanbawza Bank” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.