The future of trade finance is about utilizing the latest innovation in banking technology and bringing in transformation in the way business gets done. CB Bank is considered to be the leading Myanmar bank in digitization and emerging technologies and helping move the Myanmar Banking industry forward. CB Bank’s Trade Finance has a clear understanding of the customers’ needs and offers products and services to address a wide range of trade financing solutions from basic to complex structures in International Trade environment. CB Banks trade solutions provide a host of products for both importers and exporters.
- Wide range of Export & Import services and trade financing solutions
- Issuance of Letters of Credit and Bank Guarantees
- LC Advising and LC Confirmations
- Wider International Network
- Shorter turnaround time
- High-end technology and a robust core banking platform
CB Bank has taken strategic initiative on the expansion of CB Trade Centers across Myanmar. The border trade business has huge potential so CB Bank is expanding the bank’s SWIFT network to facilitate the border trade business along with the four strategic border locations of Myanmar, namely Mandalay, Muse, Myawaddy, and Kawthoung. With the main focus on the expansion of trade service network, CB Bank provides trade services such as Project Lending, LC Issuance, LC Advising, LC Confirmation and various other services on the financing of the Imports and Exports. Customers can do their Trade via Inward Payments and Outward Remittance/Inward Remittance. CB Bank is connected to international bank networks, which allows us to better serve our customers through our partnerships.