- Up to 15% discount on MNA air tickets
- Special promotions for first applicants to win great prizes
- Earn 3 times CB Reward Points and 0% interest for IPP (Installment payment plan)
(Yangon, 15, September 2020) – CB Bank today announced the launch of CB MNA Visa Co-branded Cards, Myanmar first ever collaboration between a bank and an airline to celebrate the 72nd anniversary of Myanmar National Airlines. As a step towards cashless society, CB MNA Visa cards bring benefits that extends to entertainment, dining, and shopping.
Captain Than Tun, Myanmar National Airlines' Chief Executive Officer said, “CB MNA Visa Credit Card and Prepaid Card are introduced in the honor of Myanmar National Airlines' 72nd Anniversary. This is a great collaboration between Myanmar National Airlines, CB Bank and Visa to bring our passengers the great offers, which they cannot get anywhere else. This CB MNA Visa Credit Cards and Prepaid Cards will boost what we have to offer to our passengers and broaden our footprint in the travel industry.”
U Kyaw Lynn, CB Bank’s CEO & EVC said, “Big congratulations to the 72nd anniversary of Myanmar National Airlines, State Owned National Flag Carrier. We are incredibly proud to launch Myanmar first cobranded cards together with MNA and Visa in commemoration of the 72nd anniversary. We would like to thank MNA for giving us this opportunity to collaborate to promote cashless payment in Myanmar and to bring great benefits for our customers. At CB Bank, we are continuously innovating and exploring ways in which we can delight and better serve our customers. We are also supporting e-Government initiatives to enhance digital payment ecosystem for the country”.
Lillian Wang,Country Manager for Visa Myanmar said, “We congratulate CB Bank and the Myanmar National Airlines (MNA) on their first cobranded Visa credit and Visa prepaid cards. The launch represents yet another milestone in the country’s expanding digital payments ecosystem.In addition, the cobranded cards will serve as a growth platform for CB Bank and MNA as consumers in Myanmar and around the globe are forming new habits and spending behaviors, particularly preference towards digital payments that are fast, secure and convenient as a replacement for cash.”
U Zayar Aung, CB Bank’s Head of Cards & Merchant Services said, “CB MNA Visa cards bring great benefits to customers. With many exclusive discounts and promotions available such as airline discounts, Grab discounts and no interest on installment payment plans (IPP), I would highly recommend to all to take this opportunity to apply either online or at CB Bank branches.”
He added “As customers can use CB MNA Visa cards to make payments online or through contactless POS machines, this add an extra level of safety for our customers during COVID-19 situation. We have noticed a significant rise in digital payments during COVID-19. At CB Bank, online payments have increased by 50%, and contactless NFC Payment have increased by 15%. Currently, CB Bank is the only bank in Myanmar with the Viber Chat Bot where the customers can easily and instantly check their card information without going to the banks. In the following months, we will be introducing more exciting products such as CB Card+ mobile application for the customers to easily manage all their cards through a single app. They will be able to make card payments simply with the tap of their mobile phones.”
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About CB Bank
CB Bank is one of the largest leading private banks in Myanmar established in 1992. With technology at the core of our key initiatives to reimagine the future of financial services, CB Bank has:
- Established technology infrastructure and core banking systems
- Introduced banking products and services for customers and clients on our digital platforms
- Forged strategic partnerships with many partners and service providers
Over 28 years, CB Bank has grown from 33 employees to around 9,000 employees and opened around 245 branches. Tailored to customer requirements, CB Bank offers financial solutions to corporate clients, SMEs and individual customers.
About Myanmar National Airlines (MNA)
Starting as Union of Burma Airways (UBA) in 1948, and now Myanmar National Airlines (MNA) is celebrating its 72nd Anniversary in this year 2020. Myanmar National Airlines is standing as the State-Owned National Flag Carrier of Myanmar with the most extensive route network within the country and further spreading the wings to Southeast Asia countries such as Singapore, Thailand (Bangkok and Chiang Mai), Hong Kong and China (Chengdu). Having the largest fleet, Myanmar National Airlines seamlessly connect the passengers across Myanmar and the world, and Myanmar National Airlines' more than 2,000 employees are dedicated to deliver excellent operational performance for the comfort of the passengers.
About Visa
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.