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Police look on behind a barricade as protesters hold a demonstration outside the Central Bank of Myanmar branch in Yangon on February 16. (Frontier)
Police look on behind a barricade as protesters hold a demonstration outside the Central Bank of Myanmar branch in Yangon on February 16. (Frontier)

Private banks hit with fines for failing to reopen branches

The Central Bank of Myanmar has started issuing weekly fines ranging from K2 million to K30 million to local private banks that continue to keep branches shut, as reopening slowly gathers pace.

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