bandula

This is the headquarter of the Myanmar Foreign Trade Bank (MFTB), found on Maha Bandula Park Street next door to Yangon’s High Court. Along with three other state-owned banks, it was carved out of the monolithic Union of Burma Bank in 1975. MFTB was until recently the exclusive conduit for FX transactions with the isolated southeast Asian country. We are not sure when this postwar socialist-style edifice (here pictured with typical scaffolding for a repainting) was built.