Customers queue at a KBZ Bank ATM on March 22. Myanmar's largest private bank has reopened just five of its 144 Yangon branches, according to its website, leaving customers reliant on mobile banking and ATMs. (Frontier)
Customers queue at a KBZ Bank ATM on March 22. Myanmar's largest private bank has reopened just five of its 144 Yangon branches, according to its website, leaving most customers reliant on mobile banking and ATMs. (Frontier)

Military piles pressure on private banks to reopen – or else

Bankers say they are facing threats of nationalisation or forced reopening as the military regime grapples with an industry-wide strike, but a lack of physical cash also looms as a potential crisis point.

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