event_note History Timeline
1961
Financial District of Myanmar
Corner of Merchant and Phayre Streets c. 1961. Rander House in the immediate background. This was the centre of the city's financial district. Burma's financial system was then one of the most advanced in Asia, with dozens of local and international banks, including Lloyds Bank and Standard and Chartered Bank (just further down the street on the right), HSBC, and Grindlays, as well as insurance firms such as Prudential (all within a block of this intersection).