December 1, 2016


AYA granted Loan in total 7 billion for farmers in Ayeyarwady Division

On June, 2016 AYA Bank implemented Loan grants for farmers in Ayeyawaddy Division (delta area) which is known as the barn of Myanmar.
According to this program, AYA Bank granted loans in total seven billion for 70000 acre (one hundred thousand kyats for one acre) to farmers through Yekyi Rice Association and Kyonepyaw Rice Association.
Through this Loan Grants, a total of (3.5) billion for (4,853) farmers from (51) Yekyi village tracks from Yekyi Rice Association were made on 12 June 2016 and (3.5) billion for farmers from (58) Kyonepyaw village tracks from Kyonpyaw Rice association were made on 15 June 2016.

CSR Activities (2015-2016)

For the fiscal year 2015-2016, AYA Bank’s CSR efforts were more geared towards educating and creating awareness for being environmentally friendly and socially responsible.
One of our main initiatives was the Awareness Program with the theme “Save Paper, Save Trees, Save The Environment” for our internal customers. Awareness stickers were shared across Headquarter and branches of AYA Bank to educate and remind our employees to decrease unnecessary usage of paper, electricity and water. Stickers were placed in visible areas and locations where common use of office equipment are at and also other areas such as Bathrooms, Toilets and Doors.
Another awareness program we embarked on was to educate and make aware on the importance of having separated bins for recyclable waste. This program benefits both our internal customers (employees), external customers (bank customers) as well as other stakeholders (visitors, vendors, etc) as separate bins for dumping of such waste have been put across at both the Head office level and our Yangon branches.
As another awareness initiative, we organized a Seat Belt Campaign Movement for the general public on 4th March to be responsible drivers and citizens. Corporate Affairs Department initiated the campaign and AYA Bank staff joined in efforts to distribute the Seat Belts and awareness stickers to our Customers’ cars, and those of the general public who have been commuting around Yangon city hall area. This initiative was very well received.
AYA Bank’s objective in carrying out such awareness programs is to also actively play a part in the improvement of the country’s socio aspects and not only proactively participate in economic development.

11th June AYA Bank 6th Blood Donation Drive

Memorable of AYA bank’s 6th Anniversary and according to the UN Global Compact and CSR Activity, AYA Bank kindly performed for the 6th Blood Donation Drive was held at National Blood Center (Yangon) on 11th June 2016 (Saturday). In this Donation Ceremony, 317 Staffs of AYA Bank Head Office, Yangon Regional Branches, Ayeyar Myanmar Insurance, AYAtrust Securities Co. Ltd. and Max Myanmar Holding Company Limited were donated. And, AYA Bank, Deputy Managing Director, U Ko Ko Oo gave an opening speech and donated Five Hundred thousand Kyats to National Blood Center on behalf of AYA Bank. Then, Dr. Daw Thida Aung who is from the director of National Blood Center explained about the benefits and opportunities of blood donations and return to thank you words. Among the audience, one of the Blood Donor, Daw Khin Than Aye was explained about her experiences and satisfaction of her deeds. In doing so, F&N Foods Pte. Ltd. Branch Office, Yangon, Myanmar also kindly participated with AYA Bank and treating 100 Plus Energy Drink, Soya Bean Milk and Pure Milk to donors and everybody. All of the Blood Donors are very satisfied and their faces are fresh and proud for their good deeds. AYA Bank will continue Corporate Social Responsibility Activity not only in Social sector but also in Business sector of the company in Myanmar.

 Corporate Social Responsibility (CSR)

Granting loans, attractive deposits and providing complementary services are the core business of banks. No matter what kinds of countries, what kinds of culture, and what kinds of banking services, products and investors, banks need to be responsible for their customers in a social responsible way.
As the Bank’s slogan “Your Trusted Partner” states, the bank endeavors to be a trusted partner to the people and the community not only for their banking and financial needs, but also as a partner who is always there for the community when the need arises.
Since July 2010, Ayeyarwady Bank has invested significant resources into various social initiatives and encouraged active participation from the Bank’s employees. The Bank has engaged Ayeyarwady Foundation since 2010 to front all of its CSR activies. The Foundation aims to support the development of the country in the education, healthcare, social, sports, and various sectors, among which, Ayeyarwady Bank has focused its effort primarily on the healthcare sector.
Ayeyarwady Bank became a participant of the United Nations Global Compact (“UNGC”) Initiative in August 2012. Becoming a part of UNGC was a corporate milestone for Ayeyarwady Bank, as it was the first Myanmar bank to commit to making the Ten Principles of the UNGC a part of the Bank’s business operations and strategies incorporating the principles required the bank to redesign its corporate policies.
Entirely, management of a banking organization shall have appropriate policy in place for establishing positive organizational culture and social responsible mindset of staff members. If commitment for becoming a social responsible banking organization between management and staff, and accountability and creditability can be demonstrated through effective and efficient internal matters, customers and the community will be benefited with risks reduces and quality enhanced.

CSR Activities

Our first major community service activity in the healthcare sector started with the joint-donation of the 550-bed Yankin Children’s Hospital in Yankin Township, Yangon, with the Max (Myanmar) Group of Companies. Thorough restoration works were done on a former government building, followed by the installation of essential medical equipment, to convert the old building into a hospital with modern facilities. The completed Yankin Children’s Hospital was then handed over to the Ministry of Health in March 2011.
Ayeyarwady Bank’s contribution to the Yankin Children’s Hospital did not stop there. Ayeyarwady Bank also took on the role for regular maintenance and upkeep of the hospital and the Bank’s workforce has been actively engaged in weekly voluntary work at the hospital. On top of these, the Chairman, Board of Directors and the Bank’s Management Team also pay occasional visits to the Hospital and its patients to ensure that equipment are in working order and to provide any other necessary assistance.

The Bank Everyone Can Trust And Rely On

AYA Bank has strives to become a “trusted partner” for everyone in the community and all its stakeholders, as its slogan indicates. To effectively become a partner that everyone trusts, AYA Bank believes in committing to the Ten Principles of the United Nations Global Compact as part of its strategy and practice, focusing on fulfilling its corporate social responsibilities to the community it serves.
At AYA Bank, the slogan “Your Trusted Partner” is a value that everyone at the Bank holds. Since its inception in 2010, the Bank has strived to be a trusted partner that everyone in the community can rely on – not only to fulfill their banking needs, but also to be a positive force in the community it serves.
To help enforce its commitments to the community as a whole, AYA Bank became a participant of the UNGC in 2012 and has been incorporating the Ten Principles of the UNGC into its operations and strategies since then. AYA Bank, working together with Ayeyarwady Foundation, which fronts the Bank’s corporate social responsibility (CSR) activities, initially focused mainly on the healthcare and education sectors. Moving forward, the Bank plans to achieve and fulfill as many of the Ten Principles as possible.

Encouraging the youths

The youths of today are the future lead- ers of tomorrow. AYA Bank believes it is important to educate them about the importance of utilizing banking and fi- nancial services in this stage of their lives. To encourage this, AYA Bank started a campaign to reach out to university students. AYA Bank works with several universities across the country and spon- sors university student cards, which are also used as ATM cards. This promotes cashless transactions and also allows the students to contribute to the economy as a whole, since the banking sector is fundamental to a country’s economy.
AYA Bank has worked with five universi- ties in 2013 / 2014, producing a total of 1,944 student cards, which cost more than 6 million Myanmar kyats in total. The Bank plans to continue to reach out to more universities. In addition to pro- moting the use of banking and financial services, AYA Bank sets up booths in the respective universities to allow students to apply for other services

Enhancing lives – Improving the education sector

Education has always been important. AYA Bank, in its own capacity, attempts to fulfill one aspect of the UNGC Princi- ples on Human Rights by ensuring that people have the opportunity to learn. The Bank’s CSR activities – supported by the Ayeyarwady Foundation – in the education sector include building and donating to schools across the country; offering educational scholarships; and building and donating libraries to en- courage reading.

Health is wealth – CSR activities in the healthcare sector

n March 2011, Ayeyarwady Bank – to- gether with its parent company, Max (Myanmar) Group of Companies, and the Ayeyarwady Foundation – donated a 550-bed pediatric hospital in Yangon. To ensure that the cleanliness of the hospital is well-maintained, members of AYA Bank’s workforce volunteer at the hospital grounds and engage in weekly cleaning activity. AYA Bank also works with the Foundation to reach out to the needy in the healthcare sector, such as with financial contributions. Apart from contributing to the activities of Ayeyarwady Foundation, AYA Bank also places Foundation donation boxes in all of its branches nationwide. This allows our customers to contribute to the activities of the Foundation that reach out to the needy. This activity was started in July 2013 and, to date, more than 3 million Myanmar kyats have been received in donations. In the years to come, AYA Bank will further improve the channels for donations by giving
customers who wish to donate to the Foundation the ability to use the Bank’s ATMs. As part of our initiative to improve the healthcare sector, Ayeyarwady Founda- tion has also donated a total of MMK 300 Mil (up to date) for medical treatments for the under-privileged patients at the Cardiology Ward. Costly surgeries and operations for more than 50 patients have been carried out with the support of Ayeyarwady Foundation since the opening of the new Cardiology Ward.

Caring beyond the healthcare and education sectors

Many internal conflicts in the country pose threats to the many who have lost their homes and loved ones in the midst of these conflicts. One such situation is the conflict in Rakhine State, which has killed many and left many home- less. AYA Bank has stepped forward and provided funds to help them rebuild their homes and their lives. Similarly, AYA Bank is also reaching out to other conflict-affected areas, such as Kachin State. Additionally, AYA Bank is also support- ing those who are affected by natural disasters such as floods and fires.

Job creation

The Bank has been expanding rapidly. In just over three years of operation, the Bank has a 65-branch network across the country as of March 2014. Many jobs are created nationwide as a result – from entry to managerial level – and the num- ber of employees has risen tremendously, from 1,700 in 2012 to 2,600 in 2013.
AYA Bank is becoming environmentally-friendly We at AYA Bank feel that it is not enough to just contribute to the education and healthcare sectors. We are also planning to become more environmentally-friendly. Apart from using energy-saving lights and reducing paper usage by relying more on electronic communication, we feel that we need to do more. Our planned initiatives include setting up more envi- ronmentally-friendly branches, which will also encourage our customers to become part of the initiative. The CSR team of the Bank is currently in negotiations with the respective City Development Councils about waste-management initiatives.

AYA Bank is becoming environmentally-friendly

We at AYA Bank feel that it is not enough to just contribute to the education and healthcare sectors. We are also planning to become more environmentally-friendly. Apart from using energy-saving lights and reducing paper usage by relying more on electronic communication, we feel that we need to do more. Our planned initiatives include setting up more envi- ronmentally-friendly branches, which will also encourage our customers to become part of the initiative. The CSR team of the Bank is currently in negotiations with the respective City Development Councils about waste-management initiatives.

AYA Bank’s Blood Donation Drive

Give Blood, Give Life – AYA Bank actively participates in annual blood donation drives and organized the Third Blood Donation Drive in Yangon, in conjunction with the Bank’s third anniversary.
At the Third Blood Donation Drive, there were 120 successful staff donors who donated their blood to the Yangon National Blood Bank.
As the event unfolded at the National Blood Bank, many passers-by stepped forward and expressed their interest in being part of the event and donating their blood. Many joined together to share the joy of giving at the Third Blood Donation Drive. To better cater to the need for blood across the country, AYA Bank plans to not only hold and organize such donation drives in Yangon, but also in other regions where blood banks are available.

“AYA Bank is invaluable to us”

Dr. Thida Aung (in charge of the National Blood Center) spoke at AYA Bank’s Blood Donation Ceremony:
“The National Blood Bank provides between 40,000 – 45,000 units of blood every year, with about 83.5 percent coming from donors. For cases where the patients require a blood type that is not available immediately, the blood bank keeps a list of previous donors with their respective blood types and source for donors.
AYA Bank has actively carried out blood donation drives, and this is invaluable to us – their activities not only help to provide blood to those who are in need, but their enthusiasm also acts as a source of motivation to the others.
I’d like to sincerely request to all those who are gifted with good health to help – in any way possible – those who are less fortunate. I also hope that AYA Bank continues such activities in the future.”

Daw Thida Aung, M.B.B.S, M.Med.Sc, PhD Patho. Associate Professor, National Blood Center, Yangon