The Aga Khan Fund for Economic Development (AKFED) is one of the founders and a principal shareholder of the Kyrgyz Investment and Credit Bank (KICB), established in 2001. As of August 2016, KICB’s shareholders’ equity amounted to $58.5 million, including the charter capital of $17.5 million, making KICB the largest capitalised bank in Kyrgyz Republic. KICB currently serves over
415,000 clients with a customer deposit base of $249 million.
The Bank has the one of the largest network, including 140 ATMs, 39 branches (in all oblasts of the country), with headquarters in Bishkek. The Bank employs over 800 people. KICB was recognised as the Best Commercial Bank of the year in 2013 and 2014 by Banker magazine and the Best Bank in Kyrgyz Republic in 2015