Deputy Prime Minister Un­ion Minister for Planning and Finance U Win Shein visited the Myanmar Foreign Trade Bank and Myanmar Investment and Commercial Bank in the Yangon Region and had a cordial meet­ing with employees yesterday.

During the meeting, the bank’s managing directors and departmental officials present­ed the organizational structure, strength of the staff, banking work and measures relating to the welfare of the employees of the Deputy Prime Minister.

Then, the Deputy Prime Minister emphasized that state-owned banks must operate bank­ing services in compliance with established laws, rules, and reg­ulations. The importance of hu­man resource development was underscored, while employees were reminded of the necessity to adhere to staff rules in the execution of their duties. Ensur­ing security vigilance was also emphasized. Furthermore, he called on the staff to carry out departmental functions in unity and coordinated their presenta­tions.

Myanmar Foreign Trade Bank was established in 1976 and Myanmar Investment and Commercial Bank was founded in 1990. Both are state-owned banks. These banks handle ex­port and import payments of governmental departments and private companies and banking services systematically. — MNA/ KZW