Myanma Investment and Commercial Bank

Myanma Investment and Commercial Bank
Native name	မြန်မာ့ရင်းနှီးမြှုပ်နှံမှုနှင့် ကူးသန်းရောင်းဝယ်ရေးဘဏ်
Industry	Banking
Founded	July 4, 1990
Headquarters	No. 170-176, Bo Aung Kyaw Street, Botataung Township, Yangon, Myanmar
Website	www.micb.gov.mm

The Myanma Investment and Commercial Bank (Burmese: မြန်မာ့ရင်းနှီးမြှုပ်နှံမှုနှင့် ကူးသန်းရောင်းဝယ်ရေးဘဏ်; abbreviated MICB) is a state-owned bank.^[1] MICB has branches mainly in Yangon and Mandalay and focuses primarily on business and domestic currency-denominated loans for commercial, investment, and development activities.^[2] MFTB also manages Burma's official foreign currency reserves.^[2] MICB also acts as a banking intermediary for foreign investment activities.^[2]

The bank was established under the Financial Institutions of Myanmar Law of 1990, which separated the bank from Myanma Economic Bank.^[1]

References

^ ^a ^b "Myanma Foreign Trade Bank". Ministry of Finance and Revenue. 2015. Retrieved 1 July 2015.
^ ^a ^b ^c Nehru, Vikram (April 2015). "Developing Myanmar's Finance Sector to Support Rapid, Inclusive, and Sustainable Economic Growth" (PDF). Asian Development Bank. Retrieved 1 July 2015.

[mofr-1] "Myanma Foreign Trade Bank". Ministry of Finance and Revenue. 2015. Retrieved 1 July 2015.

[nehru-2] Nehru, Vikram (April 2015). "Developing Myanmar's Finance Sector to Support Rapid, Inclusive, and Sustainable Economic Growth" (PDF). Asian Development Bank. Retrieved 1 July 2015.

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