Gem Entrepreneurs plan to establish public bank
The Myanmar Gems Entrepreneurs Federation is planning to open a public bank, according to the members of the federation.
Once established, it will become the latest bank added to the current 22 public banks that are privately owned in Myanmar.
The plan to establish such a bank is aimed at bringing about the development of the country’s gems and mineral resources, the federation said.
It called a meeting this month to discuss the details of the plan.
