Young Insurance Holding Co., Ltd. is a leading international private company in Myanmar, established in 2013. We aim to broaden the insurance industry and increase awareness of insurance in Myanmar.
The capital requirements to qualify for this licence are high. Besides having a clean and proven track record, companies must set aside a total paid‑up capital of 46 billion Ks to be licensed.
A DECADE OF PROVIDING TRUST AND RELIABILITY
Through National Finance, which obtained its licence in 2012, we provide financial and leasing support as well as loan disbursement to small and medium enterprises.
More than a decade into the business, National Finance continues to provide a sustainable future for Myanmar as a core part of our mission. A trusted provider of financing products and services, National Finance enables corporations and entrepreneurs to achieve their vision for the growth of Myanmar’s economy.
To support farmer communities, cooperatives, and micro‑enterprises, we set up Myanmar Social Finance as a subsidiary committed to bridging the economic divide, particularly in rural areas and underserved communities.
Myanmar Social Finance is one of YIG’s subsidiaries that embodies corporate social responsibility. It supports farmers and shops across Myanmar in the form of microfinance loans.
UniPay is an application that allows secure and easy online payments. Through the UniPay app, users can make seamless transactions—from transferring money to friends and family to paying at stores and restaurants online. UniPay enables contact‑free transactions, reduces cash holdings (especially critical during COVID‑19), and helps protect customers from money scammers.
The application allows users to top up phone bills with preferred operators, pay meter bills, make payments at restaurants, hotels, and grocery stores, and pay internet bills.
Union FX is duly licensed to buy, sell, and exchange foreign currency. Established on August 26, 2015, Union FX trades in and sells securities such as domestic and foreign stocks, bonds, and mutual funds. Union FX also provides financial services such as business loans to corporations and individuals. In addition, the company handles credit card payments and prepaid cards.
