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.

01.03.2012 - KICB became the member of the Chamber of Commerce and Industry of the Kyrgyz Republic

04.04.2012 - with the participation of KICB, a non- profit organization “Green Foundation Fund” was established

18.05.2012 - KICB and the Ministry of Social Development signed the agreement on payment of social benefits and compensations onto the plastic cards Elcard

27.12.2012 - KICB received the Green Awards and the certificate of honor from IBC ( International Business Council) for achievements in Corporate Social Responsibility

21.02.2013 - KICB acquired the CJSC “London-Bishkek” insurance company

04.04.2013 - “London-Bishkek” insurance company was renamed into the «Jubilee Kyrgyzstan Insurance Company»

21.08.2013 - KICB became the Principal Partner of «UnionPay International» payment system. UnionPay International- the Chinese national payment system, which was created in 2002 as the association of banks of the People's Republic of China.  The State Council and the National Bank of China acted as initiators of creation

30.09.2013 - The KICB bonds underwent the procedure of listing at the CJSC “Kyrgyz Stock Exchange” and were allowed at the category “BC”(blue Chips) which confirms the high reliability and transparency of KICB. Due to the listing passing, the interest income of the company on its bonds is not taxed

29.11.2013 - KICB and International Finance Corporation (IFC) have signed two agreements on granting loan resources for the total amount of USD 12 million. Such agreements are the results of reached understanding between the KICB and the IFC in the sphere of credit line in two directions:  small and medium business, and also the trade financing (export and import) of KICB clients

10.12.2013 - KICB received one of the most prestigious awards - “Bank of the Year 2013” from an influential magazine of the UK - "The Banker" of The Financial Times Ltd publishing house

2013 – KICB became the winner in the nomination - "Issuer of Year" following the results of an annual competition – a rating "the Leader of Stock Market" for 2013

11.06.2014 – KICB presented the new service – ELSOM

25.09.2014 – KICB accomplished the largest issue of corporate bonds in the history of Kyrgyzstan for KGS 150 million

28.11.2014 – is recognized as the Best Bank in Kyrgyzstan in 2014 from the influential magazine "The Banker" of The Financial Times Ltd publishing house

16.12.2014 – KICB is recognized as the Best commercial bank in the Kyrgyz Republic in 2014 according to the "Global Financial Market Review"

25.05.2015 – KICB signed the agreement on cooperation with JSC “Aiyl Bank” on a partner network of system of money transfers "BEREKE"

24.07.2015 – KICB received the award "The best bank of Kyrgyzstan - 2015" according to the "EUROMONEY"

01.09.2015 – KICB starts the placement of the third issue of bonds for the total amount of KGS 200 million

25.03.2016 – The Kyrgyz Investment and Credit Bank (KICB) solemnly presented the UnionPay/ELCARD co-badged card