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 founded in January 2015 by MARUHAN Investment Asia Pte. Ltd. and obtained Temporary Licence in June 2015 to operate Microfinance Business with 15 million US Dollars authorized capital.

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 Cambodian language.

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

SATHAPANA began its microfinance operations in August 2015 and obtained a Permanent License in July 2016. The US$ 5 million capital has been injected in January 2020, and another US$ 5 million capital injection was done recently in May 2021 in order to strengthen SATHAPANA’s authorized capital and financial commitments.

Since the start of its operation, SATHAPANA Limited has contributed a lot to the development of Myanmar’s economy through financial inclusion and providing access to credit to more and more people, especially to the poor people living in the rural area. SATHAPANA Limited has accomplished remarkable growth and achievements over the period and today SATHAPANA has reached to be the second and third largest microfinance institution in Myanmar in terms of the number of borrowers and 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 staffs are expected to abide by the local laws and regulations to avoid committing crimes, corruptions or any illegal activities. Staffs 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 staffs 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 staffs in order to maintain good liaison with such targeted people as clients, local authorities, suppliers, and other stakeholders. Staffs 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’s 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 20 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 Lao Co., Ltd.

  • Commercial bank in the Lao People’s Democratic Republic.
  • Paid-up capital USD 46.6 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, Chairman
  • Mr. HAN, Ken, President & CEO
  • Mr. HAN Yu
  • Mr. HAN Koh

Organization Chart

Maruhan Group