United Amara Bank

Last updated
uab bank Limited
Native name
Type Private
Industry Bank
FoundedAugust 2010
FounderU Ne Aung
Headquartersuab Tower @ Times City,
Myanmar (Burma)
Key people
Ne Aung (Chairman)
Christopher Loh (MD & CEO)
Total assets 385 billion kyat [1] (US$340 million) (2013-14)
OwnerU Ne Aung
Website www.unitedamarabank.com

United Amara Bank (Burmese : ယူနိုက်တက်အမရဘဏ်; abbreviated UAB) is a private commercial bank in Myanmar. It was one of 4 private banks to commence operations in August 2010, the first new financial institutions in the country since the establishment of Innwa Bank in 1997. [2]

The bank is majority owned by Ne Aung, the son of Aung Thaung, who has been blacklisted by the United States Treasury on 31 October 2014 [3] for his membership in the country's ruling military junta, the State Peace and Development Council and his attempts to undermine Burma's economic and political reforms. [4] [5]

Related Research Articles

The Defence Services Academy located in Pyin Oo Lwin, is the premier military service academy of Myanmar, training future officers for all three branches of Myanmar military. The Ministry of Defence administered academy offers bachelor's degree programs in liberal arts, combined physical sciences, and computer science. The academy is open only to male applicants.

Ministry of Foreign Affairs (Myanmar)

The Ministry of Foreign Affairs is a ministry in the government of Myanmar responsible for the country's foreign relations. It also operates embassies and consulates in 44 countries. It is headed by Aung San Suu Kyi, first female Foreign Minister of Myanmar.

Yoma Bank

Yoma Bank Limited is one of Myanmar's largest commercial banks. It is the 4th-biggest bank in Myanmar. The bank is led by New Zealander Dean Cleland and has 80 branches across the country.

Kyaw Ko Ko is a Burmese professional footballer who plays as a striker for the Myanmar national team and Chiangmai United. He scored five goals in the 2011 Southeast Asian Games and helped the Myanmar U23 team to secure a third-place finish and a bronze medal. He is the star striker of Myanmar National Team. He was ranked #7 in the "World's Best Top Scorers" list by the IFFHS in 2014. Considered one of the best players in the ASEAN, he is known for his dribbling, finishing, skill, pace, and ability to play with both feet.

Ministry of Information (Myanmar)

The Ministry of Information in Myanmar informs the public about government policy plans and implementation and supports improvements to knowledge and education of the public.

Major-General Aye Kyaw was Minister of Information in Burma between June 1995 and September 1997.

Htun Myint Naing, also known as Steven Law and Lo Ping Zhong is a Burmese businessman. He is best known for being the managing director of Asia World, the country's largest conglomerate, and as son of Lo Hsing Han, one of the country's most notable drug traffickers. Tun also owns the Magway FC.

The Union Election Commission is the national level electoral commission of Myanmar (Burma), responsible for organising and overseeing elections in Burma, as well as vetting parliamentary candidates and political parties.

Aung Thaung was a Burmese politician and businessman. He served as a member of the country's lower house, the Pyithu Hluttaw, representing the constituency of Taungtha Township, after being elected in the 2010 general election.

Asia Green Development Bank is a public commercial bank in Burma (Myanmar) providing banking services and products. It was one of 4 private banks to commence operations in August 2010 when the government issued four new banking licences and the first new financial institutions in the country since the establishment of Innwa Bank in 1997. Its headquarters are situated in Yangon, Burma. The bank began trading on the Yangon Stock Exchange when it opened in 2016. The bank was founded by Tay Za and is a subsidiary of parent company Htoo Group, whose 15% stake was sold to new shareholders, the most prominent of whom is Kyaw Ne Win, the grandson of Ne Win, the country's former dictator. In 2016 Infosys provided AGD Bank with Finacle front and backend solutions for online banking systems.

IGE Group of Companies is one of Myanmar's 5 largest conglomerates, possessing 13 subsidiaries that employ 4,000 people. IGE also possesses Myanmar's second largest timber trading company. It also exports Burmese rice. IGE Group of Companies was established in 1994 in Burma, and registered in Singapore in 2001. The company is also active in the country's oil and gas sector. In 2007, IGE earned over US$75 million in revenues. The company was previously subjected to economic sanctions by the United States government, because of its ties to the State Peace and Development Council, the former military junta.

Kyaw Nyein

Kyaw Nyein, called honorifically U Kyaw Nyein (Burmese: ဦးကျော်ငြိမ်း;pronounced [ʔú t͡ɕɔ̀ ɲeɪɴ], was a Burmese lawyer and anti-colonial revolutionary, a leader in Burma’s struggle for independence and prominent politician in the first decade after the country gained sovereignty from Britain. He held multiple minister portfolios in the government of Prime Minister U Nu, served as General Secretary of the ruling political alliance, Anti-Fascist People's Freedom League, and was joint General Secretary of the Burma Socialist Party BSP.

Myanmar Motion Picture Academy Awards

The Myanmar Motion Picture Academy Awards are presented annually to honour both artistic and technical excellence of professionals in the Burmese Film Industry of Myanmar. The awards ceremony has been held annually since 1952. Each winner is presented with a golden statue and in recent years also a cash prize.

Win Myat Aye Burmese politician

Win Myat Aye is a Burmese politician and incumbent Minister for Social Welfare, Relief and Resettlement of Myanmar (Burma). He also serves as the chairman of the Myanmar Youth Affairs Committee.

Telenor Myanmar

Telenor Myanmar is a telecommunications company in Myanmar (Burma). It is a subsidiary of the Norwegian Telenor Group.

<i>Myanmar Idol</i>

Myanmar Idol is a popular Myanmar singing contest television series that is broadcast on Myanmar National TV (MNTV). Its first season, in 2015, was described by The Myanmar Times as a "wild success". Due to its popularity, it has been extended for a fifth season in 2020. Since Season 3, the competition format has utilized a wild card during the top 4+1 show.

May Oung was a Burmese legal scholar, judge and politician who served as Minister of Home Affairs during the colonial era. He was known for his expertise in Burmese Buddhist law and one of the founders of the Young Men's Buddhist Association Burma.

<i>Myanmars Got Talent</i> Burmese Talent show

Myanmar's Got Talent (MGT) is the Burmese version of the Got Talent franchise that is airing on MRTV-4. It is a talent show that features singers, dancers, magicians, comedians, and other performers of all ages competing for a prize. It was broadcasting since 2014 and is now reaching it’s sixth season. The talent show was listed on The Myanmar Times "Top 10 Myanmar TV Shows" in 2019.

<i>Ma Mhe Wae Nae Kin Aung Nay</i> Burmese television series

Ma Mhe Wae Nae Kin Aung Nay is a Burmese drama television series. It aired on MRTV-4, from 16 November 2020 to 11 January 2021, on Mondays to Fridays at 19:00 for 41 episodes.


  1. "The Myanmar Times Bank Survey 2014". Myanmar Times. 15 July 2014. Retrieved 8 February 2015.
  2. Cheesman, Nick; Skidmore, Monique; Wilson, Trevor (2012). Myanmar's Transition: Openings, Obstacles, and Opportunities. Institute of Southeast Asian Studies. p. 147.
  3. Aye Thida Kyaw (8 December 2014). "Ghosts of 2003 crisis haunt banks". Myanmar Times. Retrieved 8 February 2015.
  4. Aye Thida Kyaw (10 November 2014). "United Amara frets bank run as owner's father blacklisted". Myanmar Times. Retrieved 8 February 2015.
  5. Thiha Ko Ko (5 November 2014). "NOV Blacklisted MP 'not linked to United Amara Bank,' only son". Mizzima. Retrieved 8 February 2015.