"Myanmar is an agricultural country. It is estimated that the agriculture sector represents between 35 to 40 percent of gross domestic product (GDP) and that up to 70 percent of the labor force (of 32.5 million) is directly or indirectly engaged in agricultural activities or depend on agriculture for their income. Moreover, it is estimated that agriculture products generate between 25 and 30 percent of total export earnings. Given agriculture?s important contribution to the economy, the modernization of the agriculture sector is a top priority in the economic and social development agenda of the Government of Myanmar. Looking forward, Myanmar?s agricultural potential is enormous given the country?s rich natu- ral resources and favorable geographical location. Myanmar?s diverse topography, climates, water resources, and eco-systems offer farmers and investors the opportunity to produce a wide range of cereals, pulses, horticultural products, fruits, livestock, and fish. Because of its strategic location between the two enormous regional markets of India and China, and easy access to buoyant markets in the Association of Southeast Asian Nations (ASEAN), Myanmar?s agriculture sector is well positioned to grow, develop a dynamic agribusiness industry, and provide people with the opportunity to improve their living standards...... 1.Diagnostic of MADB: 1.1 Overview of the Agriculture Sector and the Role of MADB... 1.2 MABD?s Mission and Policy Mandate... 1.3 Lending Operations: Seasonal Crop Production Loan (SCPL) and Term Loan (TL), Breakdown of the Loan Portfolio, Loan Guarantees, Loan Amount per Farmer... 1.4 Credit Policies... 1.5 Pricing and Funding... 1.6 Risk Management... 1.7 Corporate Governance: Board, Internal Control System, External Audit System... 1.8 Operations... 1.9 Legal, Regulatory, and Supervisory Regime... 1.10 Accounting and Financial Reporting... Human Resources..... 2.Options for the Transformation of MADB... 2.1 Strengthening MADB in the Short Term... 2.2 Issues to Consider for MADB?s Long-Term Transformation..... 3.Lessons from International Experience... 3.1 Bank for Agriculture and Agricultural Cooperatives... 3.2 Bank Rakyat Indonesia... 3.3 Financiera Rural of Mexico..... 4.Conclusions