Myanma Apex Bank launches MAB GOLD wealth banking

Myanma Apex Bank (MAB) has launched MAB GOLD Wealth Banking (MAB GOLD), a comprehensive Wealth Banking service platform and Rewards program for high net-worth individuals (HNWIs) in Myanmar.

Catering to individuals with a minimum fixed deposit of 300 million kyats, MAB GOLD offers members a full suite of services, exclusive rewards, dedicated relationship managers, and a uniquely designed MAB GOLD VISA card.

As Myanmar develops, MAB is committed to innovate and deliver a wide range of financial products targeting specific needs of wealthy individuals. MAB GOLD serves a significant and growing base of affluent depositors in Myanmar. The MAB GOLD is designed to ensure the sophisticated lifestyle of the high net worth are taken care of in the best possible way.

U Kyaw Ni Khin, Chief Business Officer at MAB, said: "We aim to make banking rewarding for all our customers. Those who have reached the pinnacle of success deserve nothing less than the finest things in life. MAB GOLD is here to celebrate their success and provide them the ultimate access to premium experiences and privileges."

Gary Voon, Executive Vice President and Head of Consumer Bank at MAB said, "Wealth Banking is an important pillar of Consumer Banking in offering a comprehensive suite of privileges to our customers. In this deposit segment, our customers can expect unparallel services ranging from premium dining experience, our Wealth Banking Centres, dedicated relationship managers, MAB's Fly for Free Miles program, free access to Pan Pacific Lounge - Yangon and Hilton Hotel Mandalay, free access to Mingalar Sky Airport lounge, complimentary golf green fees, and their own dedicated Travel Concierge managers to manage their travels; and to participate in a first-class condominium draw."

Mr Voon said MAB GOLD has the most competitive and rewarding interest rates in the market. Fixed annual interest rates start at 8.5 percent for one and two months deposits, increasing up to 10.25 percent for deposits with a three-year tenor.

Rich Rewards, Personalised Service

MAB GOLD offers a plethora of lifestyle privileges and rewards. With more deposits, members can earn free miles and flights to top destinations; exclusive hotel and airline lounge access; gourmet dining and staycation packages at 5-Star hotels; golf privileges, and bespoke travel experiences.

Premium and personalised service also await. MAB GOLD members are entitled to priority service country-wide at all MAB branches. They can also visit any of the three wealth banking lounges located in MAB Thein Phyu, MAB Mayangone, and MAB Mandalay 10 where dedicated relationship managers are ready to serve our customers in a refined and private manner.

"We are thrilled to take wealth banking to a new level of sophistication and personalisation in Myanmar. MAB GOLD would be the first in the market to truly fulfil the distinct and dynamic demands of the well-heeled, whether for business or for pleasure," Mr Voon added.

Professional and trustworthy, MAB GOLD relationship managers are trained to guide MAB GOLD members through simple everyday transactions as well as in more complex banking transactions and financial decisions.

MAB GOLD partners include VISA, Singapore Airlines' KrisFlyer, Mingalar Sky Airport Lounge, Shwe Mann Taung Golf Resort, Columbus Travels & Tours, Memories Group, Hilton Hotels & Resorts, Pan Pacific Yangon, Sule Shangri-la, L'Opera, SEEDS, Signature Fine Dining Restaurant, and Wine Link.

About MAB

Myanma Apex Bank Ltd (MAB) was incorporated on 2nd July, 2010 and opened its first branch office in Naypyitaw on 17th August, 2010. Since inception, MAB has extended its branch network steadily over 94 branches to facilitate commercial development and investment across all of Myanmar as well as to better serve its growing customer base through a larger banking network. Customer deposits have grown significantly since inception, due to excellent delivery of service, reliable performance, customer satisfaction and trust among the general public.

MAB has within the bank both local and external talents with many years of professional experience in domestic and international banking. MAB invests extensively in technology and human resources to sustain future long-term growth and to stay ahead amidst growing competition.



Re-disseminated by The Asian Banker

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