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

  1. ^ a b "Myanma Foreign Trade Bank". Ministry of Finance and Revenue. 2015. Retrieved 1 July 2015.
  2. ^ 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.
Allikas: https://en.wikipedia.org/wiki/Myanma_Investment_and_Commercial_Bank
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