{"id":24410,"date":"2020-08-16T13:36:00","date_gmt":"2020-08-16T07:06:00","guid":{"rendered":"https:\/\/www.uab.com.mm\/?p=24410"},"modified":"2022-04-06T11:09:50","modified_gmt":"2022-04-06T04:39:50","slug":"uab-bank-celebrates-10th-anniversary-with-more-than-30000-rice-bags-donation-across-myanmar","status":"publish","type":"post","link":"https:\/\/www.uab.com.mm\/mm\/uab-bank-celebrates-10th-anniversary-with-more-than-30000-rice-bags-donation-across-myanmar\/","title":{"rendered":"uab bank celebrates 10th Anniversary with more than 30,000 rice bags donation across Myanmar"},"content":{"rendered":"
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\u101e\u1010\u1004\u103a\u1038\u1011\u102f\u1010\u103a\u1015\u103c\u1014\u103a\u1001\u103b\u1000\u103a<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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uab bank celebrates 10th Anniversary with more than 30,000 rice bags donation across Myanmar <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Yangon, 16th\u00a0August 2020 \u2013\u00a0uab\u00a0bank,\u00a0named Myanmar\u2019s Best Bank\u00a0in both 2019 and\u00a02020 by Euromoney,\u00a0celebrates\u00a010th\u00a0anniversary with\u00a0over\u00a030,000 rice bags worth\u00a0more than\u00a0MMK\u00a0100 million to\u00a0needy\u00a0communities\u00a0at all\u00a0uab\u00a0bank\u00a0branch locations throughout Myanmar.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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To make this donation more significant, the rice was purchased directly from farmers at Kong Zaung Village in Magway region, reducing the need for intermediaries and a better price to the farmers directly. The management team of uab bank visited the village to learn more about\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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the rice cultivation and production process, and spend time with the farmers to listen to their stories.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Mr Christopher Loh<\/strong>, MD and CEO of\u00a0<\/span>uab<\/span>\u00a0bank<\/span>\u00a0said<\/span>,<\/span>\u00a0<\/span>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201c<\/span>At\u00a0<\/span>uab<\/span>\u00a0bank<\/span><\/strong>, we believe in leading change and humani<\/span>s<\/span>ing banking. We initiated the\u00a0<\/span>Be\u00a0<\/span>The<\/span>\u00a0Change Myanmar<\/span><\/strong>\u00a0Programme in December 2017 and this year, as we celebrate our 10th anniversary, we have established\u00a0<\/span>uab<\/span>\u00a0foundation<\/span><\/strong>\u00a0to further demonstrate our commitment to build a better future for the communities we are in across Myanmar.<\/span>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Our\u00a0<\/span>trip to\u00a0<\/span>Kong\u00a0<\/span>Zaung<\/span>\u00a0Village in Magw<\/span>ay\u00a0<\/span>re<\/span>gion\u00a0<\/span>was very meaningful<\/span>\u00a0and humbling<\/span>. We<\/span>\u00a0witnessed the hard work and tears of these farmers<\/span>\u00a0so that we can have rice on the table. These farmers work hard to support their family and children<\/span>, toiling a typical 8 hours day under the hot sun<\/span>.\u00a0<\/span>Our leadership team and I have much thinking to do, and to look at\u00a0<\/span>how\u00a0<\/span>we can<\/span>\u00a0<\/span>better the lives of these farmers<\/span>\u00a0and humanise banking\u00a0<\/span>in Myanmar.<\/span>\u201d<\/span>\u00a0<\/span>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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This donation was undertaken by\u00a0<\/span>uab<\/span>\u00a0foundation<\/span><\/strong>, a newly established foundation under\u00a0<\/span>uab<\/span>\u00a0bank<\/span>\u00a0to comme<\/span>morate its 10<\/span>th<\/span>\u00a0anniversary.\u00a0<\/span>With the setup of\u00a0<\/span>uab<\/span>\u00a0foundation<\/span>,\u00a0<\/span>\u201c<\/span>Be\u00a0<\/span>the<\/span>\u00a0Change Myanmar<\/span><\/strong>\u201d<\/strong> program<\/span>me which was started in December 2017<\/span>\u00a0will come under the foundation and will continue to\u00a0<\/span>drive\u00a0<\/span>uab<\/span>\u00a0bank<\/span>\u2019s<\/span>\u00a0<\/span>commitment to\u00a0<\/span>empower\u00a0<\/span>women, youth and the community across Myanmar<\/span>.<\/span>\u00a0<\/span>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The almost 2,000 strong\u00a0<\/span>uabians<\/span>\u00a0<\/span>were<\/span>\u00a0on the ground\u00a0<\/span>across 85 locations<\/span>\u00a0in Myanmar<\/span>, comprising<\/span>\u00a078<\/span>\u00a0existing<\/span>\u00a0branches\u00a0<\/span>and 7 new\u00a0<\/span>branch\u00a0<\/span>locations<\/span>\u00a0to\u00a0<\/span>distribute the rice bags<\/span>\u00a0<\/span>with the assistance of township authorities who\u00a0<\/span>have\u00a0<\/span>helped to identify communities and individuals who needed assistance.\u00a0<\/span>\u00a0<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Reflecting on <\/span>uab<\/span>\u00a0bank<\/span>\u2019s ongoing effort to\u00a0<\/span>lead the way towards a better<\/span>\u00a0Myanmar, Christopher\u00a0<\/span>added<\/span>,\u00a0<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201c<\/span>F<\/span>rom our humble beginnings 10 years ago, our founding leaders have laid a good foundation and expanded\u00a0<\/span>uab<\/span>\u00a0across Myanmar. 3 years ago, under the auspices and foresight of our Chairman, we began the transformation journey to rebrand and refresh\u00a0<\/span>uab<\/span>\u00a0into a modern, innovative and well-governed financial institution. We are proud that our commitment has been recogni<\/span>s<\/span>ed by many, including being the most transparent bank in Myanmar in the\u00a0<\/span>Pwint<\/span>\u00a0<\/span>Thit<\/span>\u00a0Sa<\/span>\u00a0<\/span>R<\/span>eport by\u00a0<\/span>Myanmar Centre for Responsible Business (<\/span>MCRB<\/span>)<\/span>, and\u00a0<\/span>Myanmar\u2019s Best Bank<\/span>\u00a0by Euromoney in both 2019 and 2020.<\/span>\u00a0<\/span>It shows how far\u00a0<\/span>uab<\/span>\u00a0bank<\/span>\u00a0has transformed and progressed to become one of the best banks and brand in Myanmar.<\/span>\u00a0<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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To all our customers and friends of <\/span>uab<\/span>\u00a0\u2013 thank you. We look forward to partnering you to bring meaningful and lasting change to Myanmar.<\/span>\u201d<\/span>\u00a0<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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#LeadingChange #HumanisingBanking<\/span>\u00a0<\/span>\u00a0<\/strong><\/p><\/div>

#Euromoney #MyanmarBestBank\u00a0<\/span>\u00a0<\/span>\u00a0<\/strong><\/p><\/div>

#uabbank\u00a0<\/span>#10thAnniversary<\/span><\/strong><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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About\u202f<\/span>uab<\/span>\u00a0bank<\/span><\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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uab<\/span>\u00a0bank<\/span>\u00a0is a leading bank in Myanmar,\u00a0<\/span>recognised<\/span>\u00a0for its successful transformation and leadership in the Myanmar banking sector amidst the regulatory changes and governance requirements,\u00a0<\/span>uab<\/span>\u00a0bank<\/span>\u00a0was named\u00a0<\/span>\u201cMyanmar\u2019s Best Bank\u201d<\/span>\u00a0by Euromoney<\/span>\u00a0in both 2019 and 2020<\/span>,\u00a0<\/span>\u201cBest Bank for Corporate Governance Myanmar\u201d<\/span>\u00a0by Global Banking & Finance,\u00a0<\/span>\u201cMid-sized Domestic Retail Bank of the Year\u201d<\/span>\u00a0by Asian Banking & Finance, and was ranked<\/span>\u00a0the most transparent bank and<\/span>\u00a0No. 1 in\u00a0<\/span>Corporate Governance Disclosure<\/span>\u00a0by\u00a0<\/span>Pwint<\/span>\u00a0<\/span>Thit<\/span>\u00a0Sa (<\/span>TiME<\/span>) Report published by the Myanmar Centre for Responsible Business.<\/span>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u1042\u1040\u1041\u1040 \u1015\u103c\u100a\u1037\u103a\u1014\u103e\u1005\u103a\u1010\u103d\u1004\u103a\u1005\u1010\u1004\u103a\u1010\u100a\u103a\u1011\u1031\u102c\u1004\u103a\u1001\u1032\u1037\u1015\u103c\u102e\u1038 \u101a\u1001\u102f\u1021\u1001\u102b Customer \u1019\u103b\u102c\u1038\u1021\u102c\u1038 \u1019\u103c\u1014\u103a\u1019\u102c\u1014\u102d\u102f\u1004\u103a\u1004\u1036 \u1021\u1014\u103e\u1036\u1037\u1021\u1015\u103c\u102c\u1038\u101b\u103e\u102d \u1019\u103c\u102d\u102f\u1037\u1014\u101a\u103a \u1044\u1047 \u1019\u103c\u102d\u102f\u1037\u1014\u101a\u103a\u1010\u103d\u1004\u103a \u1018\u100f\u103a\u1001\u103d\u1032\u1015\u1031\u102b\u1004\u103a\u1038 \u1047\u1048 \u1000\u103b\u1031\u102c\u103a\u1016\u103c\u1004\u1037\u103a \u101d\u1014\u103a\u1006\u1031\u102c\u1004\u103a\u1019\u103e\u102f\u1015\u1031\u1038\u101c\u103b\u103e\u1000\u103a\u101b\u103e\u102d\u1015\u102b\u101e\u100a\u103a\u104b\u00a0<\/span>uab<\/span>\u00a0provides a wide range of financial services including consumer banking, premier banking, SME banking, corporate banking, trade finance and treasury services. Through our subsidiary\u00a0<\/span>uab<\/span>\u00a0securities<\/span>, we also provide brokerage services, corporate and financial advisory, investment banking and capital market activities.\u00a0<\/span>\u00a0<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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At\u00a0<\/span>uab<\/span>\u00a0bank<\/span>, we believe in leading the way towards a better Myanmar,\u00a0<\/span>humanising<\/span>\u00a0banking, connecting people, creating opportunities and changing lives. In December 2017,\u00a0<\/span>uab<\/span>\u00a0<\/span>launched \u201cBe the Change Myanmar\u201d initiative that represents our commitment to driving change for a better Myanmar, specifically focusing on empowering women and children. We believe\u00a0<\/span>uab<\/span>\u00a0<\/span>must operate responsibly and be committed to the community we are in.\u00a0<\/span>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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For media enquiries, please contact:<\/span>\u00a0<\/strong><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Hsint @ +95 9 428206176\u00a0|\u00a0hsint.mkkh@uab.com.mm<\/a><\/u><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

Press Release uab bank celebrates 10th Anniversary with more than … \u1015\u102d\u102f\u1019\u102d\u102f\u101e\u102d\u101b\u103e\u102d\u101b\u1014\u103a<\/span><\/a><\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[107],"tags":[],"class_list":["post-24410","post","type-post","status-publish","format-standard","hentry","category-press_release"],"acf":[],"yoast_head":"\nuab bank celebrates 10th Anniversary with more than 30,000 rice bags donation across Myanmar - uab bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uab.com.mm\/mm\/uab-bank-celebrates-10th-anniversary-with-more-than-30000-rice-bags-donation-across-myanmar\/\" \/>\n<meta property=\"og:locale\" content=\"my_MM\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"uab bank celebrates 10th Anniversary with more than 30,000 rice bags donation across Myanmar - uab bank\" \/>\n<meta property=\"og:description\" content=\"Press Release uab bank celebrates 10th Anniversary with more than ... 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