Mizzima News said 25 banks are affected by the new regulations, including one each from Vietnam, China, India, Mauritius, Australia and France, three each from Malaysia, Singapore, Taiwan (China), the Republic of Korea and Japan, and four from Thailand.
Ten foreign banks will be granted licences in the third quarter of this year to operate in Myanmar.
Granted banks must have at least US$75 million capital, US$40 million of which will be monitored by the CBM.
