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Yangon residents queue for cash outside a branch of AYA Bank on April 12. (AFP)
Yangon residents queue for cash outside a branch of AYA Bank on April 12. (AFP)

A crisis of confidence looms over Myanmar’s banks

Years of effort to rebuild trust in the banking sector after the crippling 2003 financial crisis have been wasted due to the military’s seizure of power and its manipulation of the Central Bank.

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