Thank you for being a part of the 5th edition of Myanmar Banking & Payments Conference 2017.
The two-day conference brought together more than 210 decision makers from 12 different countries with the same goal of understanding what opportunities in the banking and payments sector the Myanmar market has to offer. We had the honour of having Sean Turnell, Senior Advisor to the Myanmar Government deliver the opening keynote address on Day 1, sharing his insights on the country’s banking reforms, 2 years on. The second keynote of the day was delivered by Bosky Subramanian, Head of Digital Banking Strategy and Transformation APAC of Temenos. Bosky showed the delegation the way forward as he expounded his thoughts on Digital 2025, at the same time sharing his vision.
After the keynotes, the conference continued with a SWOT analysis of Myanmar’s banking landscape – 2 years after the first foreign banks were granted the limited license to operate branches in the country. The topics then went on to blockchain, taking on the FinTechs and DFS in general. Throughout the 2 days, the topic of IT security resonated, almost as if it were a ghost – as aptly described by some of the speakers.
Day 2 centred on cards and payments. The hot topic of the day was financial inclusion and how technological advancements, coupled with consumers’ acceptance would be key enablers. Of course, the flip side of challenges were also much discussed. Fun quotes which emerged from the panel discussion included bank cards being the new dinosaurs and mobile wallets being strange. Rajeev Kumar Gupta, Program Management Specialist—inclusion Finance of United Nations Capital Development Fund (UNCDF) delivered the closing keynote of the conference. He peeked into his crystal ball and shared with the audience, pertaining to financial inclusion in Myanmar and SEA –What Lies on the Road Ahead?
Organisations present at the event included ANZ Bank, AGD Bank, Asia Yangon Bank, AYA Bank, A-Bank, Bangkok Bank, CB Bank, Construction and Housing Development Bank, Farmers Development Bank, Global Treasure Bank, IFC, KBZ Bank, LOLC Myanmar Micro-Finance, Maybank, Mizuho Financial Group, Myanmar Apex Bank, Myanmar Agriculture & Development Bank, Myanmar Citizens Bank, Myanmar Investment and Commercial Bank, Myanmar Orietnal Bank, Myanmar Tourism Bank, Myawaddy Bank, OCBC Bank, Ongo Myanmar, SBI Yangon, True Money Myanmar, Tun Commercial Bank, United Amara Bank, Visa Myanmar, Wave Money, Yadanabon Bank, Yoma Bank and more. The conference saw abundant networking opportunities – both choreographed, as well as spontaneous stints – throughout the course of the 2 days.
As you look through this post event report, we urge you to use this as a measure of our effectiveness in helping you reach your target audience in this regional sector. Referring to the attendee analysis, media coverage and pictures of the event, we hope you will be convinced that we are your ideal partner in your continual expansion into Myanmar in the 2018 edition of MBPC. We would like to thank our sponsors and partners for your support in making this event a success and look forward to being the mainstay event in the Myanmar banking and payments landscape.
Thank you, and see you next year!
Myanmar Banking & Payments Team