Tun Foundation Bank: Difference between revisions
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16°46′35″N 96°09′52″E / 16.776328°N 96.164373°E The Tun Foundation Bank is a privately-owned bank in Myanmar that was established on 8 June 1994.[1] All the profits from this bank go into scholarships for children from poor families.[2]
Operations
As of 2000 the bank was run by U Thein Tun. It is involved in social, educational and health projects. In 2000 the bank had recently opened new branches in Bayinnaung and Mandalay.[3] In 2011 Myanmar's financial authorities introduced an online banking network system in six banks, one being the Tun Foundation Bank.[4]
Best painting competition
The Tun Foundation Bank has been holding its Best Painting of the Year awards since 2007 to encourage local artists.[5] The Myanmar Traditional Artists and Artisans Association arranges for the judging committee for the contest. Judges from ASEAN countries and from China have been included, ensuring that quality is in line with international standards. In October 2011 it was reported that the bank was looking for location for an art gallery to house works discovered from the Best Painting of the Year competition.[6]
Literary awards
The bank established the Tun Foundation literary awards in 2006 to promote development of Myanmar literature. The scrutinizing committee gives awards for seven books, seven manuscripts and two books in English. Winners for books in 2006 included Khin Khin Htoo (history genre), Moe Moe Taraw San (biography), Junior Win (children literature), Win Maung (culture) Dr Soe Lwin (health), Dr Toe Hla (ancient treaties) and Maung Wun Tha (reference book).[7]
References
- ^ "Private Banks". Central Bank of Myanmar. Retrieved 2012-02-20.
- ^ Narayanan Ganesan, Kyaw Yin Hlaing, ed. (2007). Myanmar: state, society, and ethnicity. Institute of Southeast Asian Studies. ISBN 9812304347.
- ^ "Burmese Tycoons Part II". the Irrawaddy. July 2000.
- ^ "Asia Green Development Bank launches e-banking". Myanmar Business Network. July 31, 2011. Retrieved 2012-02-20.
- ^ Yadana Htun (December 21-27 2009). "Men shine in Tun Foundation art prize". Myanmar Times. Retrieved 2012-02-20.
{{cite web}}: Check date values in:|date=(help) - ^ Nyein Ei Ei Htwe (October 17 - 23, 2011). "Tun Foundation seeks venue for art gallery". Myanmar Times. Retrieved 2012-02-20.
{{cite web}}: Check date values in:|date=(help) - ^ "Literary awards of tun foundation announced". New Light of Myanmar. 2007-12-31. Retrieved 2012-02-20.
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