Kanbawza Bank Limited is established on 1st July, 1994 in Taunggyi

Taunggyi

-Transportation:The main access to Taunggyi is by road. A railway line that passes through Taunggyi was recently built in 1995, but at the moment it offers no passenger service. Regular railway passenger service to the rest of the country is through the town of Shwenyaung, twelve miles to the...

, Shan State

Shan State

Shan State is a state of Burma . Shan State borders China to the north, Laos to the east, and Thailand to the south, and five administrative divisions of Burma in the west. Largest of the 14 administrative divisions by land area, Shan State covers 155,800 km², almost a quarter of the total...

, Myanmar. It is one of five major private commercial banks in Myanmar, along with Myanmar Universal Bank, Yoma Bank

Yoma Bank

Yoma Bank Limited is one of Myanmar's largest commercial banks. It was established by First Myanmar Investment Company in August 1993, with its first branch in Mingala Taungnyunt Township in Yangon. Today, Yoma Bank has over 41 branches in 24 cities...

, Myanmar May Flower Bank

Myanmar May Flower Bank

The Myanmar May Flower Bank is a bank of Burma. Founded in 1994 by U Kyaw Myint, it is the third largest bank in the country with ten branches.It was the first bank in Burma to have 24-hour automatic teller machines also was the first to introduce computer networks for transactions back in November...

, and the Asia Wealth Bank. KBZ is part of the Myanmar Billion Group conglomerate, founded by chairman Aung Ko Win (also known as Saya Kyaung), involved in the mining industry and regarded to be close to SPDC Deputy-Chairman Maung Aye

Maung Aye

Vice-Senior General Maung Aye is the former Vice Chairman of the State Peace and Development Council , which was until March 2011, the ruling military junta of Burma. Maung Aye was the second highest-ranking member of the SPDC....

. It is one of few banks in Myanmar to offer a credit card

Credit card

A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...

 and remittance services. In February 2010, the bank bought an 80% share in Myanmar Airways International

Myanmar Airways International

Myanmar Airways International Co., Ltd. is the international airline of Myanmar, headquartered in Yangon. It operates scheduled international services to destinations mainly in Southeast Asia. Its main base is Yangon International Airport.- History :...

, Myanmar's international airline.