Services from Yangon City Bank, Yangon City Development Committee
Services from Yangon City Bank, Yangon City Development Committee
Yangon City Development Committee / April 19, 2018
Yangon City Bank
Introduction
Yangon City Bank Ltd.,was started on 2nd April 1993,at No.(12/18) Sibin Street, Kyauktada Township, Yangon. On 2nd April 2002, Yangon City Bank's Head Office was opened at corner of Mill road and Banyardala road, Mingalar Taung Nyunt Township, Yangon,Myanmar. Branch location is at Kyauktada Township. All of YCB's Capital are 100% shares of Yangon City Development Committee.
Bank Goals and Mission
Bank Goals and Mission are as follows, To success YCDC services , To promote efficient customer services, To liquidity/ profitability/ follow up, the Myanmar Law and CBM regulation, to promote and enhance efficiency of financial activities and to proper functioning of a soundly based Financial System.
Bank Organization Structure
Yangon City Bank have (7)departments.They are as follows;
- Cash Department
- Computer Department
- Account Department (Savings Section)
- Administration Department
- Loan Department
- Internal Audit Department
- Research and Development Department
Bank Products and Services
Bank Products and Services are Current Account, Savings Account, Fixed Deposit Account, Loan and Overdrafts Account, Domestic Account, Payment Order, Bank Guarantee, Local Remittance Clearing House and MPU Debit Card.
Bank Interest Rate
Savings Account Interest Rate is 8.50 % per year (Bank pay Savings Account Interest once a 6 months). Fixed Deposit Account Interest Rate are 9.25 % (3 months) , 9.50 % (6 months) , 9.75 % (9 months) and 10.00 % (12 months) , Loan and Overdrafts Account Interest Rate is 12.00 % per year.
Bank Commission and Service Charges
Payment Order Commission is 0.1 %
Local Remittance Fee is 5 Pyas for remittance amount 100 Kyats.
MPU Debit Card Fees and Charges
- Minimum Balance - 1,000 Ks
- Card Lost Fees - 5,000 Ks
- Card damage Fees - 3,000 Ks
- Card Fees - 3,000 Ks
- Pin Changes Fees - 3,000 Ks
- Card Transaction Fees - 50 Pyas for card transaction amount 100 kyats.
Remittance Remittance with YaDaNarBon Bank can remit to (1) Place , Remittance with MyaWaddy Bank can remit to ( 54 ) Places , Remittance with YoMa Bank can remit to ( 50 ) Places , Remittance with Global Treasure Bank(or)Myanmar Livestocks and Fishery Development Bank can remit to ( 139 ) Places. Remittance with Ayarwaddy Bank can remit to ( 234 ) Places.
Bank Customers
Main Customer is YCDC. Loan Customers are Agriculture ,Livestock, Fishery, Factory, Machinery , Gold and Jewellery and others Remittance Customers are Shwe Pyi Son Market, MinGaLar Mon Market; New MinGaLar Market, Near City Hall and Others. Our bank fill up customer's satisfaction fully.
Future Directions
Our future directions are: To Development of YCDC Services ;To Development of MPU Debit Card ServiceTo Development of ATM Services;To Development of Remittance Services; To Development of Hire Purchase
Services; To Development of Foreign Banking Services
Conclusion
Our Bank follow up according to the rule and regulation of YCDC , BOD and CBM, I try my best for my country.
Contact Us;
Our Country Code is (+95)
General Manager - 01-298448,
IT Department (Head Office) - Fax & Ph 01-299245, 01-8619290
Admin Department (Head Office) - 01-297980, 01-296927
Loan Department (Head Office) - 01-296931
Account Department (Head Office) - 01-296932
Savings Department (Head Office) - 01-205489
IT Department (Branch) - Fax & Ph 01-248272
Account Department (Branch) - 01-243599, 01-243588
Savings Department (Branch) - 01-243577
Locations
Head office No, 12/18, Sibin Road, Kyauktada Township, near City Hall in Yangon.
Contact Phone No- 01 382519(admin), 01 243588 (account), 01 243671 ( loan), 01 243599 (computer),
01 243577(Saving). Fax No- 01 248272
Botahtaung Branch No.399, Merchant street, Botahtaung Township.
Contact Phone No- 01 294140 (Fax) , 09 73175102
Bayintnaung Branch No,72/Nga, Corner of Ingyin street and Nguwar street, Bayintnaung Brokerage Compound, Mayangone Township.
Contact Phone No- 01 3588567 (Fax)
Aung Mingalar Mini Branch Room-Ya/20, Building HB-3, Between Meikhtila street and Pakkoku street, Aung Mingalar Highway Terminal, Mingalardone Township.
Contact Phone No- 01 636349 (Fax), 09 799618858
Mingalar Market Branch Corner of Mill and Banyardala Road, Mingalar Market Compound, Mingalar Taung Nyunt Township.
Contact Phone No- 01 299245 (Fax), 01 8619290
Yangon City Bank & Yadanarbon Bank in Mandalay
To 19 Towns where Myawaddy Bank branches located
41 Towns where Yoma Bank branches located
60 Towns where Myanmar Breeding & Development of fishery Bank Limited Branch located could be made remittance reciprocal
Towns where Myawaddy Bank Branch Located
Myawaddy Bank (Yangon), Mandalay, Monywar, Taunggyi,Pharkant ( special region),Pathein.
Bayintnaung Bank Branch( Yangon), Kyaukse, Pyinmanar, Myeik, Nay Pyi Taw, Magwe, Moulemying, Phawbwe, Hinthada, Thingankyun, Pyay, Sittwe, Pakokku, Sawphwargyikone, Myingyan
Yoma Bank Yangon Bank Branch
MainYangon, (FMI Centre), Mhaynigone, Botataung, Lanmataw, Kyauktadar, Yankin, Mingalarzay, Thingankyun, Ahlon, Bayintnaung, Hlaingtharyar, Innsein, Mayangone, Sawphwargyigon
Yoma Bank , Mandalay Bank Branch
Mandalay (main),Mann Myozay, 78th St:, Saitan, Kywesekan
Yoema Bank, Bank Branch in other Towns
Pyinoolwin, Muse, Lashio, Myingyan, Kyaukpataung, Pakkoku, Monywa, MEikhtila, Myintkyina, Pyinmanar, Kalay, Aungpan, Kyaukme, Pyay, Magwe, YTaungtwingyi, Maungmya, Pathein, Sittwe, Phar Ann, Maulamyaing, Shwebo, Taungoo, and Kyopinkauk
Towns where Myanma Livestock Breeding & Fishing Development Bank Branch
Head Office Yangon, Bayintnaung, Myeik, Mandalay, Moulamyaing, Muuse, Pharpon, Thantwe, Sittwe, Maung Taw, Taung koke, Bokalay, Laputtar, Htawei, Kawthaung, Kyimyindaing, Aungmingalar, Yuzana Plaza, Phar Ann, Shwebonthar, Shwetaungtan, Myawaddy, Shwebaho Plaza, Nyaunglaybin Zay, Thirimingalar Zay, Ye, Miinbu, Sakaing, Monywa, Pyay, Bago, Myaungmya, Sawbhwargyigone, Lashio, shwebo, Pakokku, Aungpan, Pathein, Kwesekan (Mandalay), Mudon, Kyaukphu, Moulamyaing Kyun, Saitan (Mandalay), Thanphyuzayat, Meiktila, Thahton, Daikoo, Yadanarpon-Diamond Plaza, Mandalay Bank Branch, Kawlin, Myingyan, Nay Pyi Taw, Padaukchaung, KAyan, Phyu, Thone Khwa, Moulamying-2, Kyopinkauk, Aunglan, and Salin