Exchange Rate: March 20, 2023 10:00 am
FDB Bank | USD 2105 : 2106
FDB Bank | EUR 2240 : 2242
FDB Bank | SGD 1566 : 1568
FDB Bank | THB 61.21 : 61.57
FDB Bank | MYR 466.80 : 469.55
FDB Bank | JPY 15.74 : 15.82
FDB Bank | CNY 304.15 : 305.90

It takes money

to make money.

SME term loan is available to SMEs in manufacturing, wholesale, retail, service, SME industrial units, traders, exporters, importers, and other business enterprises (frequent cash inflow and outflow) with a maximum loan tenor of five years.

The SME loan is designed specifically to assist SMEs in raising working capital or expanding production capacity. 

  • up to 1 billion (MMK)
  • From 10% per annum to 13.5% per annum.
  • Calculation will be based on daily basis. (The interest rate is variable rate pegged to a base rate i.e., the central bank’s policy rate.)
  • Short term (up to 1 year)
  • Medium term (up to 3 years)
  • Long term (up to 5 years)
  • Land and Building
  • Cash collateral (Deposit)
  • Bond
  • Gold bars and Jewelry
  • Bank Guarantee
  • Credit guarantee insurance (CGI)
  • Apartment and Condo
  • Vehicles and Machinery
  • Monthly Amortization (principal + interest)
  • One-time of application fee 1% upfront on loan amount. (Application fees may be deducted from the loan amount.)
  • Minimum business operation of 2 years with YCDC license or DICA registered local company or must have proper business license.
  • Good business performance and financial record
  • Must meet other criteria specified by FDB Bank.
  • NRC (original/copy)
  • House Hold Registration(original/copy)
  • Residence Recommendation form ward office
  • Applicant’s license one photo
  • Business license / YCDC license
  • If company: DICA Certificate of Incorporation and company extract, Company constitution resolution, Import/Export license
  • If SME member: SME Member card
  • Financial records (at least two years)
  • Income tax invoices (for the last fiscal two years)