KICB Joins IFC Global Trade Finance Program
Bishkek, Kyrgyz Republic, April 23, 2026— Kyrgyz Investment and Credit Bank (KICB) has joined the IFC Global Trade Finance Program (GTFP) as an issuing bank. This partnership builds on many years of successful cooperation between the institutions and aims to expand access to trade finance in the country.
Participation in the GTFP will enable KICB to provide local businesses with greater opportunities to conduct export-import operations in international markets. Under the program, IFC will provide partial or full guarantees to confirming banks, assuming payment risks on trade instruments issued by KICB.
This collaboration is expected to significantly support the Bank’s clients, including small and medium-sized enterprises (SMEs). KICB’s participation also expands the GTFP network in the Kyrgyz Republic, facilitating the integration of local companies into global trade value chains and enhancing overall access to financial instruments for importers and exporters.
The GTFP is IFC’s flagship trade finance program. Since its launch over 20 years ago, the program has provided guarantees totaling more than US$130 billion. GTFP plays a key role in expanding access to financial instruments in emerging markets.
Kyrgyz Investment and Credit Bank (KICB) was established in 2001. Its authorized capital amounts to US$23 million. The Bank currently operates 59 branches and service outlets across Kyrgyzstan. KICB provides financial services to corporate clients, small and medium-sized enterprises (SMEs), microfinance institutions, and retail customers. It is the first partner bank in Kyrgyzstan of Citibank (USA) and Emirates NBD (UAE). More information is available at www.kicb.net. NBKR License No. 046.
About IFC
IFC a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. IFC operates in more than 100 countries, leveraging its capital, expertise, and influence to create markets and opportunities in developing economies. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, effectively deploying private sector solutions and mobilizing private capital to help create a world free of poverty on a livable planet.