The results of IIB's work in 2024 and the Bank's medium-term strategic development priorities became the central topics of the recent meeting in the format of the Ambassadors Club of IIB member states in Moscow.

Multilateral dialogue took place in a traditionally friendly and constructive atmosphere, enriched by the participation of IIB partners including high-ranking representatives of the Ministry of Foreign Affairs of Russia and another development institution.

Within the course of the session, Chairman of IIB Management Board Georgy Potapov and other MB members accentuated crucial importance of maintaining an active dialogue with the Bank's member states, including via political and diplomatic efforts aimed at expeditious bringing the external conditions of the institute's functioning back to normality.

Special emphasis was given to the fact of further financial stabilization of IIB, while remaining under unprecedentedly illegal external limitations, that steadily continued throughout last year resulting in a net annual profit for the first time since 2021.

Meeting’s participants have praised stable positive dynamics of key indicators, final normalization of internal planning and reporting systems, as well as the Bank's prospects of gradual resumption of its lending and investment activities in available jurisdictions.

Concluding the meeting, the participants stressed the importance of further strengthening the financial and operational stability of the Bank with the constant support of all member states.