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SAGAING DIVISION – The Spring Development Bank (SDB) officially announced that the first branch of the National Unity Government’s (NUG) Spring Development Bank will be opened in Kawlin City that is currently under control of the revolutionary forces including the People’s Defence Force (PDF).
SDB, first launched as a digital bank, will be opening its first on ground branch and start offering banking services in person.
“We were made fun of as if we were some trash bag drifting in the wind, and called the bank in the air. The strong waves with the strength to crash through the boulders are calmly doing their jobs and prove it. The first on ground branch of SDB, Myanmar’s first digital bank, will soon be offering banking services in person. We didn’t start this journey because it was easy but because we have a conviction to win. The goal is now in sight. SDB vows to move together towards the goal with the heart of phoenixes, undaunted by the hardships,” SDB said in its official release with a photo of Kawlin City.
Kawlin City in Sagaing Division was captured by the PDF and revolutionary forces under the lead of the Kachin Independence Army (KIA) on November 6.