Yangon banks hit by rush of withdrawals
YANGON, Myanmar - People queue outside a Yangon bank Feb. 18 to withdraw their deposits after 20 private banks decided to limit withdrawals to 200,000 kyats ($32,200), down from a limit of 500,000 kyats the previous week. The rush on the banks began with the collapse of some private financial services groups operating outside government financial regulations, which triggered rumors the banks were at risk as well. (Kyodo)
- Product Code
- ILEA000017441
- Registered date
- 2003/2/19 00:00:00
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- Kyodo / Kyodo News Images
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