CSR News

Donation of Computers at Pan Pyo Latt Philanthropic School to Bridge the Digital Gap

On 3rd August, 2023, with the objective to encourage young people to concentrate on IT skills from their early days, AYA Bank donated thirty desktop computers to Pan Pyo Latt Philanthropic School (Monastery) in Bago Township. We are thrilled to conduct this vital initiative to support digital inclusion as part of our CSR activities.

Recognising the need for computers at schools, AYA Bank grips an opportunity to repurpose the Bank’s resources and make a meaningful difference. With dedicated effort and technology expertise of our IT Department, the computers became available to donate for those in need. The PCs are modern and equipped with Windows 11, making them a valuable asset to the community that will receive them. The donation comes at a critical time, as the school is currently experiencing a shortage of computers.

The donation ceremony for thirty computers and cash one million Kyat (MMK 1,000,000) was held at Pan Pyo Latt, led by Daw Khin Saw Oo, Executive Chairman of AYA Bank and participated by representatives of the Bank.

“Digital literacy is a vital part of education these days. Information technologies change rapidly. On behalf of AYA Bank, it is hoped that these computer sets will be an asset to improve student skills and talent in educational technologies for both primary and high school levels at Pan Pyo Latt. “, said Daw Khin Saw Oo, Executive Chairman of AYA Bank.

“At AYA Bank, we believe that digital inclusion lays the foundation for economic mobility and a more equitable future. Our contribution is a meaningful step toward closing the digital divide for students in the area.”, said U Myint Zaw, Chief Executive Officer of AYA Bank.

With technology becoming increasingly essential for education, communication, and economic development, the impact of these computers on the lives of the people they reach will be profound. Being a socially responsible company, AYA Bank believe in making a positive contribution to the community and looking forward to enhancing the impact on people’s lives.

03 Aug 2023

Compassionate Supports Given to Cyclone Mocha Affected Areas - လက်တွဲကူညီဧရာဝတီ

Our thoughts extend to all those grappling with the devastation wrought by Cyclone Mocha on May 14^th, 2023. Cyclone Mocha, a formidable force with sustained winds of 175 MPH and equivalent to a Category-5 hurricane, struck the Bay of Bengal and made landfall in Myanmar's Rakhine, Chin, Sagaing, and Magway Regions as an immensely severe cyclonic storm. This event underscores the pressing need for rehabilitation aid, prompting AYA Bank to take action by launching initiatives aimed at assisting the affected individuals and reconstructing the afflicted regions.

(1) Concerning Our Employees

Throughout and following the calamity, AYA Bank's foremost priority remains the health, safety, and emotional well-being of our personnel. Swiftly responding to field reports and conducting rapid assessments, the Head Office swiftly organized immediate relief provisions, sanitation and hygiene resources, emergency medical services, and psychosocial support for our employees and their families in Rakhine, an area significantly impacted by Cyclone Mocha. On behalf of AYA Bank, guided by the compassionate leadership of our Senior Management, our People and Administrative Teams took proactive steps to assemble care packages and established their presence at Rakhine branches. They extended financial assistance of (MMK 500,000) to each staff member, provided essential supplies, and offered unwavering moral support. Placing our employees at the forefront, comprehensive safety inspections and maintenance measures were implemented prior to authorizing their return to the office environment. This dedicated and considerate approach in the face of adversity vividly showcases our company's resolute commitment to nurturing the well-being and fortitude of our valued workforce.

(2) Concerning Our Stakeholders

Responding to the significant impact of Cyclone Mocha on the vulnerable regions of Rakhine, AYA Bank has initiated a series of measures aimed at furnishing assistance and relief to the affected communities. These actions are strategically devised to mitigate the financial strain faced by both individuals and enterprises in the aftermath of the cyclone.

Acknowledging the pressing requirement for monetary aid and smooth transactions within the stricken areas of Rakhine state, AYA Bank and AYA Pay have jointly declared the temporary suspension of all transaction fees, encompassing deposits, withdrawals, and transfers, up until the conclusion of June 2023. The objective is to facilitate expeditious and cost-free transactions, thereby empowering affected individuals and businesses, regardless of their scale, to efficiently access and manage financial resources during this critical juncture. The decision to waive transaction fees exemplifies our unwavering solidarity with the communities impacted by the cyclone. Through the elimination of this financial impediment, AYA Bank and AYA Pay aspire to bolster individuals and enterprises in the process of rebuilding their lives, reinstating their livelihoods, and expediting the recovery trajectory. AYA Bank and AYA Pay enthusiastically encourage residents of the affected zones to capitalize on the opportunity presented by the waived transaction fees, availing themselves of these services for their financial dealings. All transactions will be expeditiously processed, guaranteeing a seamless and secure encounter devoid of any supplementary charges.

U Myint Zaw, CEO of AYA Bank, expressed, "Our sympathies extend to those who have suffered the loss of their homes in the aftermath of Cyclone Mocha. We empathize with the trials faced by these individuals and extend our deepest condolences during this arduous period. In conjunction with these endeavors, we are proactively formulating comprehensive loan programs to support cyclone-impacted businesses, irrespective of their magnitude." AYA Bank is extending micro loans to local enterprises adversely affected by Cyclone Mocha. These micro loans will serve to assist entrepreneurs and small business proprietors in their efforts to rebuild and recuperate, ultimately nurturing economic stability and resilience within the community.