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You are invited to join the next meeting of the AMCHAM Legal Committee for a discussion about the recent financial sector news.Foreign bank branches can now lend to local companies thanks to a new notification issued by the Central Bank of Myanmar (CBM). Local banks may lend in USD at lower interest rates but this may be economically unfeasible as they are required to pay a hefty 8% on kyat deposits.Join us for drinks as the committee co-chairs discuss about what this means for the banking and financial sector in the coming months. All AMCHAM members are welcome to attend and we look forward to your input and participation.Date and Time: December 11, 5 pm to 6:30 pmVenue: Gallery Bar, Sule Shangri-La HotelCost: no cost to attend (members only). Cash bar with special rates on select drinks.Please register your participation so we have an idea of expected headcount.
