Shareholders

Kyrgyz Investment and Credit Bank (KICB)

51,00%

Aga Khan Fund for Economic Development (AKFED)

10,00%

Jubilee General Insurance Company Limited

19,50%

Jubilee Life Insurance Company Limited

19,50%

TOTAL

100%

 

Kyrgyz Investment and Credit Bank (KICB)  was established in 2001 with a registered capital 7 million US dollars, was founded by the Government of Kyrgyz Republic and the International Financial Institutions, the main objective of the Bank is to solve the acute shortage of long-term lending. Bank started to provide banking services, in particular, to extend credit, in sizes up to 1 million US dollars to medium and large private businesses. In 2011, the share capital of the Bank amounted to 26.3 million US dollars, in July of the same year the share capital the Bank's shareholders was increased to 17.5 million US dollars. Currently the Bank is one of the largest banks in the Kyrgyz Republic, consistently among the top three national banking sector.

Aga Khan Fund for Economic Development (AKFED)  is a division of Aga Khan Development Network, dealing with economic development in developing countries. The Fund promotes the formation of economically sustainable enterprises through equity participation, professional management and technical support. Fund for Economic Development Aga Khan - a group of private, not denominational development agencies whose purpose is to expand economic opportunity and improve the living standards of the specific areas of developing countries, particularly in Africa and Asia. Actively carrying out activities in twenty countries in South and Central Asia and Africa in sectors such as industry, financial services, tourism, the Foundation controls the assets of more than $ 1 billion, and contributes significantly to the development of the economies of developing countries.

Jubilee General Insurance Company Ltd was founded in 1953 and one of largest insurance companies in Pakistan in General Insurance, consistently ranks in the top three of the national market. The company has an international rating of financial stability “B++” (Good) from rating agency AM Best Europe.

Jubilee Life Insurance Company Ltd was founded in 1996 and the largest insurance company in Pakistan in Life Insurance, occupies the position of leader of the national market. The company has the financial strength rating of “AA” (Stable) from rating agency JCR-VIS Credit Rating Co. Ltd.