Last Updated: January 19, 2026
MYANMA INVESTMENT AND COMMERICAL BANK
Aliases
MYANMAR INVESTMENT AND COMMERCIAL BANK; MICB
Address
170/176 Bo Aung Kyaw Street, Botataung Township, Yangon, Burma; 170/176 Bo Aung Gyaw Street, Yangong, Burma
Official reason
Myanma Foreign Trade Bank (MFTB) and Myanma Investment and Commercial Bank (MICB) are state-owned financial institutions in Burma that primarily function as foreign currency exchanges and enable the conversion of kyat to U.S. dollars and euros and the reverse. This conversion allows Burma’s revenue-generating state-owned enterprises, including Myan...
Other Information
https://home.treasury.gov/news/press-releases/jy1555
Date of listing
2023-06-21
Program information
Authority
US
Program
Executive Order 14014
Regime
OFAC country specific
Target State
Myanmar
Measures
Blocking Property, Suspending Entry, Trade sanctions
Official Information
On February 10, 2021, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (IEEPA), issued Executive Order (E.O.) 14014 of February 10, 2021, “Blocking Property With Respect to the Situation in Burma” (86 FR 9429, February 12, 2021). In E.O. 14014, the President determined that...
Additional Details
SDN
Program URL
https://www.federalregister.gov/documents/2021/06/01/2021-11483/burma-sanctions-regulations