About Shwe Bank
Shwe Bank is a company based in Yangon (Myanmar) founded in 2014. It operates as a B2C, and B2B. Shwe Bank offers products and services including Digi Savings Account, Home Loan, Mobile Banking, and SHWE Pin Ngwe Pin Current Account. Shwe Bank operates in a competitive market with competitors including Scotiabank, Yoma Bank, Ayeyarwady Bank, KBZ Bank and Ayeyarwady Farmers Development Bank, among others.
- Headquarter Yangon, Myanmar
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Sectors
Financial Services
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Website
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Social
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Annual Revenue
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Products & Services of Shwe Bank
Shwe Bank offers a comprehensive portfolio of products and services, including Digi Savings Account, Home Loan, Mobile Banking, and SHWE Pin Ngwe Pin Current Account. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital account for consumer savings and transactions
Loan for purchasing or building homes
App for managing accounts and payments
Current account for business transactions
Funding Insights of Shwe Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Shwe Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shwe Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shwe Bank Comparisons
Competitors of Shwe Bank
Shwe Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Yoma Bank, Ayeyarwady Bank, KBZ Bank and Ayeyarwady Farmers Development Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are provided in Myanmar by Yoma Bank.
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Provides commercial banking services, including deposits, loans, and payments for customers.
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Serves as a commercial bank offering deposits, loans, and payment services to customers.
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| domain | founded_year | HQ Location |
Ayeyarwady Farmers Development Bank provides deposits, loans, and payment services to customers.
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| domain | founded_year | HQ Location |
Operates as a commercial bank providing deposits, loans, and payment services to customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shwe Bank
Frequently Asked Questions about Shwe Bank
When was Shwe Bank founded?
Shwe Bank was founded in 2014.
Where is Shwe Bank located?
Shwe Bank is headquartered in Yangon, Myanmar. It is registered at Yangon, Yangon Region, Myanmar.
What does Shwe Bank do?
SHWE Bank is a financial institution based in Yangon, Myanmar, offering various banking services such as deposits, loans, ATM cards, and remittances for consumers and businesses. It operates through digital platforms like mobile banking and internet banking, facilitating account management, payments, and loans for personal and commercial needs. The bank focuses on accessibility and security, serving individual and corporate clients with options for savings, current accounts, and more.
Who are the top competitors of Shwe Bank?
Shwe Bank's top competitors include Scotiabank, Yoma Bank and Ayeyarwady Bank.
What products or services does Shwe Bank offer?
Shwe Bank offers Digi Savings Account, Home Loan, Mobile Banking, and SHWE Pin Ngwe Pin Current Account.