Financial
EFD GROUP is one of the only six Myanmar conglomerates which holds multiple financial services licenses in Myanmar including banking, life and general insurance, finance and micro-finance licenses. These limited licenses are issued by The Central Bank of Myanmar and Ministry of Planning and Finance.
EFD GROUP is operating the banking business through Farmers Development Bank – Mandalay (FDB Bank), life and general insurance business through EXCELLENT FORTUNE LIFE INSURANCE COMPANY LIMITED ( EFIL ) and EXCELLENT FORTUNE GENERAL INSURANCE COMPANY LIMITED ( EFIG ), financial business through EXCELLENT FORTUNE FINANCE COMPANY LIMITED ( EFFCL ) and other microfinance business through EXCELLENT FORTUNE MICROFINANCE COMPANY LIMITED ( EFM ) and BRIGHT PEARL MICROFINANCE COMPANY LIMITED ( BPM ).
Insurance
In 2013, EFD GROUP was awarded the comprehensive life and general insurance licenses with EXCELLENT FORTUNE INSURANCE COMPANY LIMITED becoming one of the first private enterprises in Myanmar to hold these licenses with a registered capital of MMK 46 Billion....
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Farmers Development Bank – Mandalay (FDB Bank)
Farmers Development Bank - Mandalay (FDB Bank) aspires to become a top-tier, digital-first, SME-focused commercial bank in Myanmar. The bank received its provisional approval from the Central Bank of Myanmar (CBM) in early 2020, and commenced operations as a full...
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Finance
EXCELLENT FORTUNE FINANCE COMPANY LIMITED ( EFFCL ) is one of the 29 finance companies licensed to operate in Myanmar. EXCELLENT FORTUNE FINANCE COMPANY LIMITED ( EFFCL ) is providing loan services to the public without receiving any cash deposits...
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Microfinance
With the intention of promoting and developing SME businesses in Myanmar, EFD GROUP also providing microfinance services by EXCELLENT FORTUNE MICROFINANCE COMPANY LIMITED ( EFM ) and BRIGHT PEARL MICROFINANCE COMPANY LIMITED ( BPM ).
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