about us


To be the leading Financial Institution in entrepreneurship building in Myanmar



To empower entrepreneurs
and to generate employments in order to upgrade their living standard
through access to financial services in sustainable manner.

Company Background

SATHAPANA Limited, Myanmar is the Microfinance Institution which was established in January 2015 by MARUHAN Investment Asia Pte. Ltd. SATHAPANA Limited obtained Temporary License in June 2015 to operate Microfinance Business in Myanmar with 15 million US$ dollars authorized capital. SATHAPANA begins its microfinance operations in August 2015, and obtained Permanent License in July 2016. The US$ 5-million capital injection was done in January 2020 to increase SATHAPANA’s authorized capital. And additional US$-5 millions capital was injected again in October 2021 to strengthen SATHAPANA’s financial commitments. Now, total authorized capital of SATHAPANA Limited is 25 million USD.

The name “SATHAPANA” derived from SATHAPANA Bank Plc, which is one of the leading banks in Cambodia, born out of the merger between a bank (Maruhan Japan Bank Plc) and a leading microfinance institution (SATHAPANA Limited, Cambodia). The word “SATHAPANA” means “to build or to construct” in Khmer language.

The subtle LOGO change is it represents mount Fuji, widely recognized as symbol of Japan, where our shareholders is, and as a source of solidarity and harmony. The Hexagon rim of crest represents the honeycomb structure of a beehive, nature of ideal storage of valuable assets. Its strength is reinforced when multiple hexagons are placed next to one another, dispatching the company’s ability to service to its customer through its branch network. The crest also represents vault, or safety deposit box and five shades of blue are the reflections of the blue sky it is a sign of modernity and progress.

Since the start of its operation, SATHAPANA Limited has been providing access to credit to more people, especially to poor and unbanked people living in rural area, and contributing a lot to the development of the economy of Myanmar through financial inclusion. Our mission is “To empower entrepreneurs and to generate employments in order to upgrade their living standard through access to financial services in sustainable manner”. SATHAPANA Limited provides the access to affordable financial service to those, especially unbanked people, who are willing to start their new businesses, and expansion of their businesses. It shall promote all our endeavors to rural development and fighting for poverty alleviation.

SATHAPANA Limited has accomplished remarkable growth and achievements over the period, and today SATHAPANA Limited becomes as one of the leading microfinance institutions in Myanmar. SATHAPANA is the first largest microfinance organization in Myanmar in terms of number of borrowers and second largest microfinance organization in terms of loan portfolio.

Core Values

CORE VALUES are the operating philosophies or principles that guide employee’s internal conduct as well as their relationship with customers, partners and other stakeholders. SPNM has defined its own statement of core values as below: 

MORALS – To be decent citizens, all SPNM’s staff are expected to abide by the local laws and regulations to avoid committing crimes, corruptions or any illegal activities. Staff have to communicate with people in a kind and gentle manner at all circumstances in order to earn more recognition and respect of the societies.

ADORATION – SPNM’s staff should always show great love, admiration, and respect for people in general without discriminations or treating people unequally. They must be those who are honest and willing to forgive, encourage and look at each other’s work and criticize it for better improvement.

COOPERATION – There must always be close cooperation between colleagues to achieve the common goals. Cooperation is to be built by SPNM’s staff in order to maintain good liaison with such targeted people as clients, local authorities, suppliers, and other stakeholders. Staff are encouraged to participate in contributing ideas or making some decisions.

SERVICES – Service is a kind of invisible things that responds to the needs of customers, colleagues and other stakeholders. All stakeholders, especially customers shall be deserved professional service as possible as SPNM could do. The professional customer service training shall be delivered to all staffs of SPNM.

ENTREPRENEURSHIP – Entrepreneurial spirit of either clients or employees shall be renovated from time to time. Capacity development, commitment, ambitious and willingness to generate higher income are the spirits of entrepreneurship that SPNM commit the best to mainstream into its operation in order to make all stakeholders succeed in sustainble manner.



MARUHAN INVESTMENT ASIA PTE. LTD. (the “Company”) was incorporated on 31st January 2012, having Company Registration No. 201202241N. The Company is a private limited company incorporated in the Republic of Singapore. The immediate and ultimate parent of the Company is MARUHAN Corporation, incorporated in Japan.

The registered office of the Company is located at 6 Temasek Boulevard, #29-00 Suntec Tower 4, Singapore 038986. The paid-up capital of the Company is USD 309.18 million as of 31st December 2020.

The principal activity of the Company is that of investment holding for commercial banking and microfinance business in the ASEAN region. The Company also provides management services to its subsidiaries and MARUHAN Group companies in the region. As of 31st December 2020, the Company had the following direct subsidiaries:

(1) SATHAPANA Limited Myanmar

  • Micro Finance Institution in the Republic of the Union of Myanmar.
  • Paid-up capital USD 25 million (99.99%).

(2) SATHAPANA Bank Plc.

  • Commercial bank in the Kingdom of Cambodia.
  • Paid-up capital USD 193 million (100%).
  • SATHAPANA Bank Plc. has a representative office in Yangon, the Republic of the Union of Myanmar.

(3) MARUHAN Japan Bank Laos Co., Ltd.

  • Commercial bank in the Laos People’s Democratic Republic.
  • Paid-up capital USD 117 million (90%).

(4) MARUHAN Myanmar Company Limited

  • Consultancy services company in the Republic of the Union of Myanmar.
  • Paid-up capital USD 3.5 million (99.99%).

(5) MARUHAN Cambodia Corporation

  • Property investment company in the kingdom of Cambodia.
  • Paid-up capital USD 52.8 million. (100%).

(6) MARUHAN Investment (Cambodia) Company Limited

  • Land holding company in the Kingdom of Cambodia.
  • Paid-up capital USD 20,000 (49%).

The Board of Directors of the Company were:

  • Dr. HAN, Chang-Woo
  • Mr. HAN, Ken
  • Mr. HAN Yu
  • Mr. HAN Koh
  • Mr. MOHAMMAD ZIN Zuraidah Binte

Organization Chart

Maruhan Group