Mineral Development Bank

The Mineral Development Bank (MD Bank) in Myanmar is a private financial institution established to support the country’s mineral, gemstone, and gold industries. Founded in 2016 and officially licensed by the Central Bank of Myanmar in 2018, MD Bank operates as a public company with a mission to provide specialized financial services tailored to the needs of businesses in the extractive and mineral sectors. Its headquarters is located in Yangon, with several branches across major cities including Naypyidaw and Mandalay.

MD Bank offers a range of banking services under the framework of Myanmar’s Financial Institutions Law, including deposit accounts, loans, and investment products. It plays a strategic role in facilitating capital access for enterprises involved in mining and gem trading, which are vital contributors to Myanmar’s economy. The bank also emphasizes community support and shareholder value creation, aligning its operations with broader national development goals.