Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options
Myanmar is an agricultural country. It is estimated that the agriculture sector represents between 35 to 40 percent of gross domestic product (GDP) and that up to 70 percent of the labor force (of 32.5 million) is directly or indirectly engaged in...
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| Format: | Working Paper |
| Language: | English en_US |
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Bangkok
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/04/19362422/myanmar-agricultural-development-bank-initial-assessment-restructuring-options http://hdl.handle.net/10986/17782 |
| id |
okr-10986-17782 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO FINANCE ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE BARRIERS ADMINISTRATIVE CONTROLS ADVISORY SERVICES AGRICULTURAL ACTIVITIES AGRICULTURAL BANKS AGRICULTURAL COOPERATIVES AGRICULTURAL CREDIT AGRICULTURAL DEVELOPMENT BANK AGRICULTURAL INCOMES AGRICULTURAL SECTOR AGRICULTURE BANK AGRICULTURE BANKS ANTI-MONEY LAUNDERING AUDIT COMMITTEE BALANCE SHEET BANK ACCOUNTS BANK BRANCHES BANK DEPOSITS BANK OFFICE BANKING INDUSTRY BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKS BORROWER BORROWING BORROWINGS BUSINESS ACTIVITIES CAPITAL ADEQUACY CAPITAL BASE CAPITAL FUND CAPITAL MARKETS CASH FLOW CASH MANAGEMENT CENTRAL BANK COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKS COMMODITY PRICE CORPORATE GOVERNANCE CREDIT ANALYSIS CREDIT BUREAU CREDIT DECISION CREDIT DECISIONS CREDIT GUARANTEES CREDIT HISTORY CREDIT MARKETS CREDIT POLICIES CREDIT PRODUCT CREDIT RISK CREDIT SCHEME CREDITORS CUSTOMER SATISFACTION DEBT DEBT BURDEN DEBT FINANCE DEBTORS DEMAND FOR CREDIT DEPOSIT DEPOSIT PRODUCTS DEPOSITORS DEPOSITS DEVELOPMENT BANKS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION DISBURSEMENT DIVERSIFICATION DOMESTIC BANK DONOR FUNDS EMPOWERMENT ENDOWMENTS EQUIPMENT EQUITY FINANCE EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORT EARNINGS EXPORTERS FARM MACHINERY FARMER FARMERS FIDUCIARY SERVICES FINANCE COMPANY FINANCES FINANCIAL DIFFICULTIES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL RESOURCES FINANCIAL SECTOR INDICATORS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL VIABILITY FINANCING NEEDS FISCAL BURDEN FISCAL RESOURCES FOREIGN BANK FOREIGN INVESTORS GOOD CREDIT GOVERNMENT FUNDING GROSS DOMESTIC PRODUCT GROUP GUARANTEES GROUP LOANS GUARANTOR GUARANTORS HOLDING HOUSEHOLDS HUMAN RESOURCES INDEBTEDNESS INDIVIDUAL LOAN INFORMAL LENDERS INFORMATION DISCLOSURE INFORMATION SYSTEM INFORMATION SYSTEMS INFORMATION TECHNOLOGY INNOVATIVE FINANCIAL INSTRUMENTS INSTALLMENTS INSURANCE INSURANCE PRODUCTS INTEREST RATE INTEREST RATES INTEREST RATES ON LOANS INTERNAL AUDIT INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL FINANCE INTERNATIONAL STANDARDS INVESTMENT LOANS LAND OWNERSHIP LENDER LENDER OF LAST RESORT LENDING DECISIONS LENDING POLICIES LENDING PORTFOLIO LETTERS OF CREDIT LIQUID ASSETS LIQUIDITY LIQUIDITY RATIO LIQUIDITY RISK LIVING STANDARDS LOAN LOAN AMOUNT LOAN AMOUNTS LOAN APPLICATION LOAN APPLICATIONS LOAN CLASSIFICATION LOAN GUARANTEES LOAN OFFICERS LOAN PORTFOLIO LOAN PRODUCTS LOAN RECOVERY LOAN SIZE LOANS TO FARMERS MARKET INTEREST RATE MARKET INTEREST RATES MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MOVABLE ASSETS NATURAL DISASTERS NEW MARKET OUTREACH OUTSTANDING DEBT OUTSTANDING LOANS OVERDRAFT PARTIAL CREDIT POST OFFICES PRIVATE BANKS PRIVATE CREDIT PRIVATE EQUITY PRIVATE FINANCIAL INSTITUTIONS PRIVATE FINANCIAL INTERMEDIARIES PRIVATE FINANCIAL SECTOR PRIVATIZATION PROFITABILITY PRUDENTIAL STANDARDS RATES OF INTEREST REPAYMENT REPAYMENT HISTORY RESERVE RESERVE FUND RETURN RISK EXPOSURE RISK MANAGEMENT RISK MITIGATION RISK OF LOSS RISK PROFILE RURAL BANK RURAL CREDIT RURAL FINANCE SAVINGS SAVINGS PRODUCTS SECURITIES SMALL LOANS SMALLHOLDER SMALLHOLDER FARMERS SOCIAL DEVELOPMENT SOLVENCY SOURCES OF FUND SOURCES OF FUNDS SOURCES OF INCOME SUPPLY CHAIN TECHNICAL ASSISTANCE TERM CREDIT TRADE FINANCE TRANSPARENCY TRUST FUND UNION VENTURE CAPITAL VILLAGE VILLAGES WAREHOUSE WAREHOUSE RECEIPT WAREHOUSE RECEIPTS WAREHOUSES WORKING CAPITAL |
| spellingShingle |
ACCESS TO FINANCE ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE BARRIERS ADMINISTRATIVE CONTROLS ADVISORY SERVICES AGRICULTURAL ACTIVITIES AGRICULTURAL BANKS AGRICULTURAL COOPERATIVES AGRICULTURAL CREDIT AGRICULTURAL DEVELOPMENT BANK AGRICULTURAL INCOMES AGRICULTURAL SECTOR AGRICULTURE BANK AGRICULTURE BANKS ANTI-MONEY LAUNDERING AUDIT COMMITTEE BALANCE SHEET BANK ACCOUNTS BANK BRANCHES BANK DEPOSITS BANK OFFICE BANKING INDUSTRY BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKS BORROWER BORROWING BORROWINGS BUSINESS ACTIVITIES CAPITAL ADEQUACY CAPITAL BASE CAPITAL FUND CAPITAL MARKETS CASH FLOW CASH MANAGEMENT CENTRAL BANK COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKS COMMODITY PRICE CORPORATE GOVERNANCE CREDIT ANALYSIS CREDIT BUREAU CREDIT DECISION CREDIT DECISIONS CREDIT GUARANTEES CREDIT HISTORY CREDIT MARKETS CREDIT POLICIES CREDIT PRODUCT CREDIT RISK CREDIT SCHEME CREDITORS CUSTOMER SATISFACTION DEBT DEBT BURDEN DEBT FINANCE DEBTORS DEMAND FOR CREDIT DEPOSIT DEPOSIT PRODUCTS DEPOSITORS DEPOSITS DEVELOPMENT BANKS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION DISBURSEMENT DIVERSIFICATION DOMESTIC BANK DONOR FUNDS EMPOWERMENT ENDOWMENTS EQUIPMENT EQUITY FINANCE EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORT EARNINGS EXPORTERS FARM MACHINERY FARMER FARMERS FIDUCIARY SERVICES FINANCE COMPANY FINANCES FINANCIAL DIFFICULTIES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL RESOURCES FINANCIAL SECTOR INDICATORS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL VIABILITY FINANCING NEEDS FISCAL BURDEN FISCAL RESOURCES FOREIGN BANK FOREIGN INVESTORS GOOD CREDIT GOVERNMENT FUNDING GROSS DOMESTIC PRODUCT GROUP GUARANTEES GROUP LOANS GUARANTOR GUARANTORS HOLDING HOUSEHOLDS HUMAN RESOURCES INDEBTEDNESS INDIVIDUAL LOAN INFORMAL LENDERS INFORMATION DISCLOSURE INFORMATION SYSTEM INFORMATION SYSTEMS INFORMATION TECHNOLOGY INNOVATIVE FINANCIAL INSTRUMENTS INSTALLMENTS INSURANCE INSURANCE PRODUCTS INTEREST RATE INTEREST RATES INTEREST RATES ON LOANS INTERNAL AUDIT INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL FINANCE INTERNATIONAL STANDARDS INVESTMENT LOANS LAND OWNERSHIP LENDER LENDER OF LAST RESORT LENDING DECISIONS LENDING POLICIES LENDING PORTFOLIO LETTERS OF CREDIT LIQUID ASSETS LIQUIDITY LIQUIDITY RATIO LIQUIDITY RISK LIVING STANDARDS LOAN LOAN AMOUNT LOAN AMOUNTS LOAN APPLICATION LOAN APPLICATIONS LOAN CLASSIFICATION LOAN GUARANTEES LOAN OFFICERS LOAN PORTFOLIO LOAN PRODUCTS LOAN RECOVERY LOAN SIZE LOANS TO FARMERS MARKET INTEREST RATE MARKET INTEREST RATES MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MOVABLE ASSETS NATURAL DISASTERS NEW MARKET OUTREACH OUTSTANDING DEBT OUTSTANDING LOANS OVERDRAFT PARTIAL CREDIT POST OFFICES PRIVATE BANKS PRIVATE CREDIT PRIVATE EQUITY PRIVATE FINANCIAL INSTITUTIONS PRIVATE FINANCIAL INTERMEDIARIES PRIVATE FINANCIAL SECTOR PRIVATIZATION PROFITABILITY PRUDENTIAL STANDARDS RATES OF INTEREST REPAYMENT REPAYMENT HISTORY RESERVE RESERVE FUND RETURN RISK EXPOSURE RISK MANAGEMENT RISK MITIGATION RISK OF LOSS RISK PROFILE RURAL BANK RURAL CREDIT RURAL FINANCE SAVINGS SAVINGS PRODUCTS SECURITIES SMALL LOANS SMALLHOLDER SMALLHOLDER FARMERS SOCIAL DEVELOPMENT SOLVENCY SOURCES OF FUND SOURCES OF FUNDS SOURCES OF INCOME SUPPLY CHAIN TECHNICAL ASSISTANCE TERM CREDIT TRADE FINANCE TRANSPARENCY TRUST FUND UNION VENTURE CAPITAL VILLAGE VILLAGES WAREHOUSE WAREHOUSE RECEIPT WAREHOUSE RECEIPTS WAREHOUSES WORKING CAPITAL World Bank Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options |
| geographic_facet |
East Asia and Pacific Myanmar |
| description |
Myanmar is an agricultural country. It
is estimated that the agriculture sector represents between
35 to 40 percent of gross domestic product (GDP) and that up
to 70 percent of the labor force (of 32.5 million) is
directly or indirectly engaged in agricultural activities or
depend on agriculture for their income. Given
agriculture's important contribution to the economy,
the modernization of the agriculture sector is a top
priority in the economic and social development agenda of
the Government of Myanmar. Among the government institutions
supporting the agriculture sector, the Myanmar Agriculture
Development Bank (MADB) plays an important role. MADB was
established in June 1953 by the Government of Myanmar to
support the development of agriculture, livestock, and rural
enterprises in Myanmar. MADB is currently the largest
financial institution serving the rural areas and financing
agriculture activities. At the end of 2012, MADB served 1.87
million customers, mostly farmers, and had a network of 206
branches (which accounted for 23 percent of all banks'
branches in Myanmar). Since its creation, MADB has played an
important economic and social role by providing loans to a
large segment of low-income households engaged in
agricultural activities. Historically, several agriculture
banks around the world have failed due to poor corporate
governance, inadequate risk management capability,
unsustainable business models, capture by their own
clientele, or undue political interference in their lending
decisions. Therefore, authorities should ensure that MADB is
transformed into a sound, well-administered, and financially
sustainable institution, able to withstand undue political
interference and able to operate with the highest standards
of corporate governance and transparency. In this context,
the report is organized as follows: chapter one gives
diagnostic of MADB; chapter two presents options for the
transformation of MADB; chapter three presents lessons from
international experience; and chapter four gives conclusions. |
| format |
Publications & Research :: Working Paper |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options |
| title_short |
Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options |
| title_full |
Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options |
| title_fullStr |
Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options |
| title_full_unstemmed |
Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options |
| title_sort |
myanmar agricultural development bank : initial assessment and restructuring options |
| publisher |
Bangkok |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/04/19362422/myanmar-agricultural-development-bank-initial-assessment-restructuring-options http://hdl.handle.net/10986/17782 |
| _version_ |
1764438495610273792 |
| spelling |
okr-10986-177822021-04-23T14:03:41Z Myanmar Agricultural Development Bank : Initial Assessment and Restructuring Options World Bank ACCESS TO FINANCE ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE BARRIERS ADMINISTRATIVE CONTROLS ADVISORY SERVICES AGRICULTURAL ACTIVITIES AGRICULTURAL BANKS AGRICULTURAL COOPERATIVES AGRICULTURAL CREDIT AGRICULTURAL DEVELOPMENT BANK AGRICULTURAL INCOMES AGRICULTURAL SECTOR AGRICULTURE BANK AGRICULTURE BANKS ANTI-MONEY LAUNDERING AUDIT COMMITTEE BALANCE SHEET BANK ACCOUNTS BANK BRANCHES BANK DEPOSITS BANK OFFICE BANKING INDUSTRY BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKS BORROWER BORROWING BORROWINGS BUSINESS ACTIVITIES CAPITAL ADEQUACY CAPITAL BASE CAPITAL FUND CAPITAL MARKETS CASH FLOW CASH MANAGEMENT CENTRAL BANK COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKS COMMODITY PRICE CORPORATE GOVERNANCE CREDIT ANALYSIS CREDIT BUREAU CREDIT DECISION CREDIT DECISIONS CREDIT GUARANTEES CREDIT HISTORY CREDIT MARKETS CREDIT POLICIES CREDIT PRODUCT CREDIT RISK CREDIT SCHEME CREDITORS CUSTOMER SATISFACTION DEBT DEBT BURDEN DEBT FINANCE DEBTORS DEMAND FOR CREDIT DEPOSIT DEPOSIT PRODUCTS DEPOSITORS DEPOSITS DEVELOPMENT BANKS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION DISBURSEMENT DIVERSIFICATION DOMESTIC BANK DONOR FUNDS EMPOWERMENT ENDOWMENTS EQUIPMENT EQUITY FINANCE EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORT EARNINGS EXPORTERS FARM MACHINERY FARMER FARMERS FIDUCIARY SERVICES FINANCE COMPANY FINANCES FINANCIAL DIFFICULTIES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL RESOURCES FINANCIAL SECTOR INDICATORS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL VIABILITY FINANCING NEEDS FISCAL BURDEN FISCAL RESOURCES FOREIGN BANK FOREIGN INVESTORS GOOD CREDIT GOVERNMENT FUNDING GROSS DOMESTIC PRODUCT GROUP GUARANTEES GROUP LOANS GUARANTOR GUARANTORS HOLDING HOUSEHOLDS HUMAN RESOURCES INDEBTEDNESS INDIVIDUAL LOAN INFORMAL LENDERS INFORMATION DISCLOSURE INFORMATION SYSTEM INFORMATION SYSTEMS INFORMATION TECHNOLOGY INNOVATIVE FINANCIAL INSTRUMENTS INSTALLMENTS INSURANCE INSURANCE PRODUCTS INTEREST RATE INTEREST RATES INTEREST RATES ON LOANS INTERNAL AUDIT INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL FINANCE INTERNATIONAL STANDARDS INVESTMENT LOANS LAND OWNERSHIP LENDER LENDER OF LAST RESORT LENDING DECISIONS LENDING POLICIES LENDING PORTFOLIO LETTERS OF CREDIT LIQUID ASSETS LIQUIDITY LIQUIDITY RATIO LIQUIDITY RISK LIVING STANDARDS LOAN LOAN AMOUNT LOAN AMOUNTS LOAN APPLICATION LOAN APPLICATIONS LOAN CLASSIFICATION LOAN GUARANTEES LOAN OFFICERS LOAN PORTFOLIO LOAN PRODUCTS LOAN RECOVERY LOAN SIZE LOANS TO FARMERS MARKET INTEREST RATE MARKET INTEREST RATES MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MOVABLE ASSETS NATURAL DISASTERS NEW MARKET OUTREACH OUTSTANDING DEBT OUTSTANDING LOANS OVERDRAFT PARTIAL CREDIT POST OFFICES PRIVATE BANKS PRIVATE CREDIT PRIVATE EQUITY PRIVATE FINANCIAL INSTITUTIONS PRIVATE FINANCIAL INTERMEDIARIES PRIVATE FINANCIAL SECTOR PRIVATIZATION PROFITABILITY PRUDENTIAL STANDARDS RATES OF INTEREST REPAYMENT REPAYMENT HISTORY RESERVE RESERVE FUND RETURN RISK EXPOSURE RISK MANAGEMENT RISK MITIGATION RISK OF LOSS RISK PROFILE RURAL BANK RURAL CREDIT RURAL FINANCE SAVINGS SAVINGS PRODUCTS SECURITIES SMALL LOANS SMALLHOLDER SMALLHOLDER FARMERS SOCIAL DEVELOPMENT SOLVENCY SOURCES OF FUND SOURCES OF FUNDS SOURCES OF INCOME SUPPLY CHAIN TECHNICAL ASSISTANCE TERM CREDIT TRADE FINANCE TRANSPARENCY TRUST FUND UNION VENTURE CAPITAL VILLAGE VILLAGES WAREHOUSE WAREHOUSE RECEIPT WAREHOUSE RECEIPTS WAREHOUSES WORKING CAPITAL Myanmar is an agricultural country. It is estimated that the agriculture sector represents between 35 to 40 percent of gross domestic product (GDP) and that up to 70 percent of the labor force (of 32.5 million) is directly or indirectly engaged in agricultural activities or depend on agriculture for their income. Given agriculture's important contribution to the economy, the modernization of the agriculture sector is a top priority in the economic and social development agenda of the Government of Myanmar. Among the government institutions supporting the agriculture sector, the Myanmar Agriculture Development Bank (MADB) plays an important role. MADB was established in June 1953 by the Government of Myanmar to support the development of agriculture, livestock, and rural enterprises in Myanmar. MADB is currently the largest financial institution serving the rural areas and financing agriculture activities. At the end of 2012, MADB served 1.87 million customers, mostly farmers, and had a network of 206 branches (which accounted for 23 percent of all banks' branches in Myanmar). Since its creation, MADB has played an important economic and social role by providing loans to a large segment of low-income households engaged in agricultural activities. Historically, several agriculture banks around the world have failed due to poor corporate governance, inadequate risk management capability, unsustainable business models, capture by their own clientele, or undue political interference in their lending decisions. Therefore, authorities should ensure that MADB is transformed into a sound, well-administered, and financially sustainable institution, able to withstand undue political interference and able to operate with the highest standards of corporate governance and transparency. In this context, the report is organized as follows: chapter one gives diagnostic of MADB; chapter two presents options for the transformation of MADB; chapter three presents lessons from international experience; and chapter four gives conclusions. 2014-04-15T17:42:10Z 2014-04-15T17:42:10Z 2014-04-08 http://documents.worldbank.org/curated/en/2014/04/19362422/myanmar-agricultural-development-bank-initial-assessment-restructuring-options http://hdl.handle.net/10986/17782 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Bangkok Publications & Research :: Working Paper Publications & Research East Asia and Pacific Myanmar |