Kyrgyz Investment and Credit Bank

CJSC “Kyrgyz Investment and Credit Bank” (KICB) was established in 2001, having become the largest commercial bank in the Republic with an authorized capital of USD $7 mln. In 2023, a decision was made to increase the capital to USD 23 mln, which confirms the shareholders’ commitment to further successful development of the bank.

At present, KICB serves clients in all regions of the country through a branch network, consisting of more than 50 branches. In accordance with its main activities, KICB invests in projects, related to agriculture, manufacturing, construction and light industry. Since its establishment, KICB has expanded its services in the retail market, it is successfully gaining positions and becoming one of the leading commercial banks. In 2013, KICB expanded its range of products with insurance services provided by insurance company “Jubilee Kyrgyzstan.

For more than 20 years of active and stable work, the Bank has established itself as one of the leaders of the banking system of the Kyrgyz Republic and gained a reputation as a reliable partner. Since 2012, KICB has begun to invest in digital infrastructure and services. It introduced online and mobile banking platforms and expanded its ATM network across the country. KICB will continue to develop remote customer service channels and introduce innovative products.

The bank’s shareholders are the Kyrgyz Republic and world-famous financial institutions. International shareholders include Aga Khan Fund for Economic Development (AKFED), Habib Bank Limited (HBL), German Development Bank (DEG), European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) – a member of the World Bank Group.

During its activity, the Bank has been awarded such premiums as:

• “Bank of the Year” multiple winner – from the influential British magazine “The Banker” published by “The Financial Times Ltd”.
• “Issuer of the Year 2013” from the Stock Market of the Kyrgyz Republic as a distinction for issuing the first bonds of a commercial bank.
• “Best Bank of the Kyrgyz Republic” from “Global Financial Market Review”
• “Best Bank of Kyrgyzstan” according to “EUROMONEY”
• “The Best Commercial Bank of Kyrgyzstan” and “The Best Innovative Product in Retail Crediting” according to the international financial and analytical publication “International Banker”
• “Green Award” IBC (International Business Council) for achievements in the field of Corporate Social Responsibility