1990s – Lack of long term financing. There was no any local bank to provide medium and long term financing.

1998, April 14^th – A governmental decree appoints the commission for developing of the project “Kyrgyz Industrial and Credit Bank”.

2001, August 29^th – Official opening ceremony of “Kyrgyz Investment and Credit Bank” (KICB) with the charter capital of USD 7 mln. The Bank started providing banking services, in particular loans up to USD 1 mln to medium and large enterprises.

2003 – Due to its successful development, the Board of Directors took strategic decision on extending the range of banking services.

2006 – KICB started providing various retail banking services.

2007 –The charter capital was increased to USD 10 mln.

2011 – Shareholders capital reached USD 26.3 mln. In July, the charter capital was increased to USD 17.5 mln.