Green Foundation members and Her Excellency Roza Otunbayeva planted 400 trees in Bishkek

Bishkek, Kyrgyz Republic, April 8, 2013 – Four hundred ash trees were planted today in the Bishkek Ata Turk Park on the territory of 0.5 hectares by the Green Foundation members and the International Public Foundation “Roza Otunbaeva Initiative”.

The non-profit organization “Green Foundation” was initiated in 2012 by Kyrgyz Investment and Credit Bank (KICB), supported by the Aga Khan Development Network as well as the Public Broadcasting Corporation of the Kyrgyz Republic and the City Hall of Bishkek. This year the trees planting was joined by the Foundation “Initiative of Roza Otunbaeva”, Kumtor Gold Company and University of Central Asia.

“Protecting environment is an integral part of KICB’s corporate philosophy, – commented Mr. Kwang-Young Choi, CEO of Kyrgyz Investment and Credit Bank. – The main purpose of the Green Foundation is to help preserve gardens of the Kyrgyz Republic by our own efforts as well as attract the attention of young people to the necessity of protecting the important natural asset”.

For further information, please, contact:

Alevtina Fourriere
Head of Marketing Department
Kyrgyz Investment and Credit Bank

Phone: + (996 312 ) 62 01 01 (int. 1280)
Email: alevtinaf@kicb.net

Adelfiya Amankulova
PR Manager
Foundation “Initiative of Roza Otunbaeva”

Phone: + (996 312) 660382
E-mail: adelya.amankulova@gmail.com

Reference:

Kyrgyz Investment and Credit Bank (KICB) with the charter capital of USD 7 mln. was created in 2001. Its main shareholders are international financial institutions (90%) and the Kyrgyz Republic (10%). Amongst international shareholders are the following: AKFED – 21%, Habib Bank Limited (HBL) – 18%, DEG , a member of KfW banking group – 17%, EBRD – 17%) and IFC, a member of the World Bank group – 17%. KfW is a cofounder of KICB and gives access to long-term financial resources.