Myanmar s military coup creates banking woes
Nationwide protests have called for employees including bank workers to skip work
AFP
February 24, 2021
Limits at banks have fuelled concerns about how companies will pay their employees at the end of the month or how the elderly will get their pensions. AFP
YANGON:
Early bird customers of a military-owned bank queued anxiously as dawn light crept over Yangon, after a strict new limit on daily cash withdrawals fuelled rumours of a money shortage in post-coup Myanmar.
Myawaddy Bank is among scores of military-controlled businesses in Myanmar facing boycott pressures since the generals ousted civilian leader Aung San Suu Kyi from power on February 1.
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Anti-coup gas-station workers in their uniform flash the three-fingered salute in Yangon, Myanmar
YANGON: Early bird customers of a military-owned bank queued anxiously as dawn light crept over Yangon, after a strict new limit on daily cash withdrawals fuelled rumours of a money shortage in post-coup Myanmar.
Myawaddy Bank is among scores of military-controlled businesses in Myanmar facing boycott pressures since the generals ousted civilian leader Aung San Suu Kyi from power on February 1.
Nationwide protests have called for employees including bank workers to skip work, seizing up a banking sector heavily dominated by the military and its cronies ahead of the monthly payday this Friday.
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