Yoma Bank

Property

Yoma Strategic Holdings to sell land of StarCity project to Yoma Bank for US$40 mil

The transaction is considered an IPT based on SGX’s listing rules.

Company in the news

World Bank's IFC divesting its stake in Myanmar's Yoma Bank

First Myanmar Investment Co. has agreed to buy the International Finance Corp.’s 4.5% stake in Yoma Bank Ltd.
Yoma Strategic to acquire controlling interest in fintech firm Wave Money for US$53 million - THE EDGE SINGAPORE

M&A

Yoma Strategic to acquire controlling interest in fintech firm Wave Money for US$53 million

The agreement completes the divestment process announced in June 2020.

Singapore Budget

Singapore's GIC buys into Yoma Bank, adding to Myanmar deals

“Post the introduction of the new investors, we will be the best capitalized local bank in Myanmar,” Yoma Bank Chief Executive Officer Dean Cleland said.

ETC Singapore to ally with Yoma Bank in Myanmar Golden City project

SINGAPORE (Oct 2): Emerging Towns & Cities Singapore (ETC Singapore) has entered into a strategic partnership with Yoma Bank to provide affordable financing to Myanmar citizens for its flagship Golden City project in Yangon, Myanmar
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