News by country: Republic of Bulgaria

Following Moody’s long term credit rating upgrade to A3 with stable outlook, International Investment Bank taps its outstanding CZK Floater, increasing the size to CZK 750 m.

Following Moody’s long term credit rating upgrade to A3 with stable outlook, International Investment Bank taps its outstanding CZK Floater, increasing the size to CZK 750 m.

IIB decided to go another step forward in the capital market funding strategy and tap the outstanding April 2021 CZK Floater with an amount of 249 m, totaling to CZK 750 m. Erste Group, the Lead Manager of the transaction indicated that a Czech investor who already held IIB’s issues in its portfolio, is very much interested to increase its exposure on IIB. In spite of the volatile capital market environment, on the back of the rating upgrade of IIB to A3 by Moody’s, the increase of the debut…  Read more
IIB delegation takes part in proceedings of international forum “Risks and opportunities in the CEE-CIS financial sector”

IIB delegation takes part in proceedings of international forum “Risks and opportunities in the CEE-CIS financial sector”

A delegation of the International Investment Bank consisting of the Director of Risk Department Mr Milan Valasek and a representative of Customer Relations Department, Mr Balazs Vertes, took part in the 36th forum of the Banking Association of Central and Eastern Europe (BACEE), which, as usual, was held on 16-17 April in Budapest (Hungary). The IIB once again supported this high-profile international event, becoming its "golden sponsor". This representative business forum brought togethe…  Read more
Bulgaria Financial Forum: International Investment Bank and other development banks are committed to supporting infrastructural development of the region

Bulgaria Financial Forum: International Investment Bank and other development banks are committed to supporting infrastructural development of the region

April, 19, 2018 The IIB Delegation, headed by Director of the European Regional Office Igor Barat, participated in the international financial forum “Infrastructure for Growth”, which was held on April, 17, 2018 in Sofia (Bulgaria). This financial summit, which is widely regarded as a business event of paramount importance for all of Southeastern Europe, was organized at the initiative of Bulgarian Development Bank and was timed to coincide with the Bulgarian presidency of the Council of…  Read more
IIB is expanding cooperation with Bulgarian Export Insurance Agency

IIB is expanding cooperation with Bulgarian Export Insurance Agency

The International Investment Bank (IIB) is expanding cooperation with the Bulgarian Export Insurance Agency (BAEZ), which focuses on socially significant investment projects, support for the SME sector and development of export operations in Bulgaria. These issues were discussed during the working meeting of the IIB Board with delegation of BAEZ, held at the Bank's headquarters this week. Parties looked at opportunities for partnership in relation to the implementation of investment projects…  Read more
IIB backs Bulgarian energy sector

IIB backs Bulgarian energy sector

The International Investment Bank (IIB) took part in a bond placement of the Bulgarian Energy Holding (BEH), Bulgaria’s state-owned company pooling the country's public energy assets. The total amount of the placement was EUR 550 million. Raised funds will be used by BEH to restructure its balance sheet and to improve its long-term financial sustainability. Earlier this year, the IIB participated in a bridge loan for one of the holding’s subsidiaries with EUR 50 million. The Bank continued its…  Read more