KICB Kyrgyz Investment and Credit Bank

Overview

KICB Kyrgyzstan is Kyrgyz commercial bank + Aga Khan Fund for Economic Development AKFED + International Finance Corporation IFC + DEG German development bank + Habib Bank Pakistan + European Bank for Reconstruction and Development EBRD + Kyrgyz government Ministry of Finance + Asian Development Bank ADB consortium + one of Kyrgyzstan's largest commercial banks by assets + founded May 28 2001 in Bishkek Kyrgyzstan [1, kg-cro].

History

May 28 2001 — Kyrgyz Investment and Credit Bank KICB founded in Bishkek Kyrgyzstan by Aga Khan Fund for Economic Development AKFED + International Finance Corporation IFC + Kyrgyz government + DEG German development bank + Habib Bank Pakistan + EBRD + ADB consortium as Kyrgyzstan's flagship development-focused commercial bank distinctive Kyrgyz development banking heritage.

2014 — KICB Mobile banking app launch.

Ownership & operator

Operating entity: Kyrgyz Investment and Credit Bank KICB (Kyrgyz commercial bank).

Major shareholders: Aga Khan Fund for Economic Development AKFED ~37%+ + IFC ~14%+ + DEG German development bank ~14%+ + Habib Bank Pakistan ~14%+ + EBRD ~10%+ + Kyrgyz government Ministry of Finance ~7%+ + ADB ~4%+.

Regulators: National Bank of the Kyrgyz Republic NBKR.

Technical integration

KICB Mobile app (iOS + Android) + kicb.net online + KICB branch network across Kyrgyzstan + KICB Visa + Mastercard + Elcart cards (Kyrgyz national card scheme); Elcart national card scheme + EMVCo QRCPS QR payments + Kyrgyz Som KGS domestic transfers.

Implementations & partners

Major Kyrgyz banking + payments competitors: [[mbank-kg]] (MBank Kyrgyzstan; Kyrgyz commercial bank + fintech mobile wallet; ~2M+ MBank users) + [[optima-bank-kg]] (Optima Bank Kyrgyzstan; Halyk Bank Kazakhstan LON: HSBK parent via Kazkommertsbank) + [[demir-bank-kg]] (Demir Bank Kyrgyzstan; Demir Kyrgyz International Bank brand) + [[bakai-bank]] (Bakai Bank; Kyrgyz commercial bank) + [[halyk-bank-kg]] (Halyk Bank Kyrgyzstan).

Regulators: National Bank of the Kyrgyz Republic NBKR.

Status

Active, Kyrgyz commercial bank + Aga Khan Fund for Economic Development AKFED + International Finance Corporation IFC + DEG German development bank + Habib Bank Pakistan + European Bank for Reconstruction and Development EBRD + Kyrgyz government Ministry of Finance + Asian Development Bank ADB consortium + one of Kyrgyzstan's largest commercial banks by assets + founded May 28 2001 in Bishkek Kyrgyzstan [1, 2].

Sources

• 1 KICB — official
• 2 KICB — Wikipedia
• kg-cro In-corpus: reports/countries/KG-kyrgyzstan.md

Source

Biography extracted from kicb-kg.md. See matrix.md for standards-support matrix if present.