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Suhyup Bank launches microfinance unit in Myanmar

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Suhyup Bank launches microfinance unit in Myanmar

Suhyup Bank launched its microfinance unit Suhyup Microfinance Myanmar, FNTIMES reported Sept. 17, citing the South Korean bank.

The unit was launched Sept. 16 in Naypyitaw, Myanmar.

The South Korean lender received approval from the Myanmar government on July 31 to open its first microfinance institution in the country.