Last Updated: Myanmar Banks Shut Down Due To 'poor Internet Connection' After Military Coup: Report Following Myanmar’s military coup and declaration of a state of emergency in the early hours of February 1, all banks nationwide were ordered to remain shut. Following Myanmar’s military coup and declaration of a state of emergency in the early hours of February 1, all banks nationwide have shut down, reported The Bangkok Post. According to an announcement, all members of the Myanmar Banks Association are to close their banks unanimously, starting from Monday. The Bangkok Post further reported that the association said that the closure was due to poor internet connection.