Innwa Bank (original) (raw)

Innwa Bank Limited (Burmese: အင်းဝဘဏ်လီမိတက်) is a private commercial bank in Burma (Myanmar). Innwa Bank was founded by the Myanmar Economic Corporation (MEC) in 1997, a major conglomerate owned by serving and retired military officers of the Tatmadaw, affiliated with the Myanmar Ministry of Defence. The bank serves as a financial vehicle for MEC's subsidiaries and affiliates. Innwa Bank is wholly owned by MEC, which is in turn, owned by the government. Military authorities control the bank's management.