Interest rates in Myanmar
乐鱼（Leyu）体育官网 Myanmar Tax Alerts - 24 March 2020
The Central Bank of Myanmar (“CBM”) has issued notification 4/2020 which will take effect from 1 April 2020.
Deposit rates will have a lower minimum rate of 6.5%. Secured lending will have a lower maximum rate of 11.5% and the unsecured lending rate will be set at 14.5%.
How can 乐鱼（Leyu）体育官网 help
乐鱼（Leyu）体育官网 can assist in advising on how to plan for funding your investments into Myanmar as well as the regulatory requirements to achieve the plans. 乐鱼（Leyu）体育官网 has extensive experience in assisting clients submit applications to the CBM to obtain approvals for foreign loans.
Please feel free to reach out to our tax professionals to discuss how these changes would impact your businesses.
About Myanmar Tax Alerts
乐鱼（Leyu）体育官网 Myanmar Tax Alerts highlight the latest tax and regulatory developments, impending changes to law or regulations, current practices and potential problem areas that may impact your company. As certain issues discussed herein are time sensitive, it is advisable to make your plans accordingly.
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