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On 10th August 2020, top ten companies which pay the highest income tax, commercial tax, and special commodity tax for the State in the Assessement year 2018-2019 was awarded a Certificate of Honor and AYA has been recognized as one of the top income taxpayers’ companies in Myanmar. AYA is a member of AYA Fianncial Group and also Myanmar’s leading technology based bank providing financial services with along with AYA Trust (Financial Securities)and AYA SOMPO (Insurance).
It is our honor to announce that AYA Bank has again won the Best Bank for SMEs Award selected by Asismoney for the Year 2020. AYA Bank stand as the most technologically advanced Bank in Myanmar within a short time. It is recognized as the best Bank supporting SMEs businesses due to the fact that it has been providing banking services for the development of SME in various ways.
In cooperaton with international financial supporting organizations, AYA will expand to a variety of SMEs and will do the selection of potential business and provision of loans at its best.
A seamless digital mobile application known as Mandalay Smart Pay (MSP) was introduced for the citizens of Mandalay to enjoy payment online such as MCDC bills and other partnered payment outlets. A signing Ceremony on financial partnership between Mandalay Smart Pay (MSP) and AYA Bank was conducted in Mandalay on the 14th of March 2020 at the Mandalay Convention Center. The signing ceremony was attended, and the partnership agreement was signed by the Mandalay Mayor Dr. Ye Lwin and AYA Bank Managing Director U Myint Zaw. Mandalay Smart Pay (MSP) and AYA Bank will collaborate on financial digital payments for the benefit of the citizens of Mandalay.
The Graduation Ceremony of the 108th Batch of the Basic Banking training was held at 2 pm at the AYA Bank Head office (ROWE) on the 11th March 2020. The ceremony was attended by the Head of Departments, the trainers, the trainees, and U Ko Ko Oo (Senior Chief Risk and Compliance Officer) of AYA Bank delivered the graduation speech.
After that, the invited Head of Departments awarded the trainees with certificates of completion and the outstanding achievers in the course were awarded with recognition medals and souvenirs. The first prize was awarded to Daw Hnin Nwe Oo from Yangon, the second prize to Daw Eaindra Tun from Kaw Ka Yeik and the third prize to Daw Yamin Phyo from Tha Paung and U Zaw Myo Aung from Yangon. On behalf of all trainees, one of the trainees expressed their gratitude, took commemorative photos with the officials presents and ended the ceremony. In the course, fifty-five trainees who will be working in Yangon, Pinlon, Kaw Ka Yeik, Myawaddy and Tha Paung were given both classroom and practical training. The duration of the training was six weeks.
We are proud to announce that we have extended our services to the public by opening the 261st Branch Office in Kawkareik.U Ko Ko Oo, Senior Chief Risk and Compliance Officer of AYA Bank, Head Office and responsible personnels from Region, Zone and Branch of AYA Bank extended a warm welcome at the opening ceremony to all attendees from respective government authorities, partner banks, the community and the customers of AYA Bank.
Training on “AYA SOMPO General Insurance Awareness and Sales & Marketing” was conducted by the Bancassurance Department of AYA Bank, at Myint Tar Nyunt Training Center on the 8th of February. Total of 36 attendees of which were supervisors, Assistant Supervisors, Receptionist and Sales Staff from 10 branches from Yangon Division were invited to attend the training.
Ayeyarwady Bank (AYA Bank), the second largest bank in Myanmar and Siam Commercial Bank (SCB), a leading bank in Thailand signed a Memorandum of Understanding (MOU) on collaboration in the development of cross border payments and fund transfer services between the two countries. The agreement is to explore and develop cross border payment for workers and for SMEs’ cross border transaction in order to encourage the use of formal cross border channels through the banks. The banks also agreed to explore on the Thai Baht and Myanmar Kyat direct conversion to support and service Thai and Myanmar clients of the banks.