AMCHAM MYANMAR RECOGNIZED KBZ BANK AS ONE OF ITS TWO “SPIRIT OF AMERICAN COMMERCE” AWARDEES

On October 25th, American Chamber of Commerce in Myanmar recognized its two “Spirit of American Commerce” Awardees as the top performing members of AMCHAM Myanmar’s Corporate Social Responsibility (CSR) Excellence Awards (ACE) Recognition Program.

KBZ Bank contributed one of the largest donations to the AMCHAM Myanmar Social Impact Donation (SID) Fund. Yet, KBZ Bank’s commitment to social impact goes beyond just donations, their in-house robust CSR program that has been active since 2008 focusing on healthcare, environmental impact and women entrepreneurs. This was highlighted in 2024 during Typhoon Yagi, KBZ Bank provided an emergency relief fund of 10 billion (MMK) to assist flood-affected regions nationwide. KBZ Bank designated over 100 bank branches as emergency assistant hubs, which provided immediate relief to thousands of households across 70 townships that were affected by Typhoon Yagi.

We thank Devanandan Batumalai for his leadership at KBZ Bank and their continued social impact in Myanmar, congratulations!