Myanma Investment and Commercial Bank

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 lending 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]

Myanma Investment and Commercial Bank

Native name	မြန်မာ့ရင်းနှီးမြှုပ်နှံမှုနှင့် ကူးသန်းရောင်းဝယ်ရေးဘဏ်
Industry	Banking
Founded	July 4, 1990 (1990-07-04)
Headquarters	No. 170-176, Bo Aung Kyaw Street, Botataung Township, Yangon , Myanmar
Website	www.micb.gov.mm

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

The Myanmar entities that were slapped with sanctions by the US Treasury Department on June 21, 2023 included the Ministry of Defense , the Myanmar Foreign Trade Bank , and the Myanmar Investment and Commerce Bank.^[3]