IIB and Bulgarian Development Bank finance another project in Bulgaria with EUR 15 million

September 30, 2015

The International Investment Bank (IIB) and the Bulgarian Development Bank (BDB) once again come together to support the Bulgarian economy, providing a 3-year EUR 15 million credit line to PRISTA OIL — a leading Bulgarian company producing motor and industrial oils, greases and specialty fluids with an international presence. IIB’s part of the syndication represents EUR 10 million. The loan will be utilised to finance both PRISTA OIL’s… Read more

IIB signs a syndicated loan agreement on financing the Sofia Urban Mobility Centre

July 28, 2015

The International Investment Bank took part in syndicated lending to the Sofia Urban Mobility Centre (SUMC) in Bulgaria — a subsidiary of the Sofia Municipality, responsible for the organisation of public transport, with the total sum of the credit line corresponding to approximately EUR 41.5 million. The agreement was signed by the IIB, the Bulgarian Development Bank — the organiser of the syndication — and the… Read more

IIB strengthens its ties with shareholders during the traditional lunch of member states' ambassadors

May 15, 2015

On May 14, yet another working lunch of the Club of Ambassadors of IIB’s member states took place, which has already become a good tradition. Along with the management of the Bank and the heads of diplomatic representations, First Deputy Minister of Foreign Affairs of the Russian Federation, V.G.Titov, and MFA RF Secretary General, P.M.Kuznetsov, as well as other representatives of the Russian MFA, attended the meeting. It is worth noting that, for the first time, such a meeting took place at… Read more

International Investment Bank and Bulgarian Development Bank are to jointly finance business projects

March 31, 2015

International Investment Bank (IIB) and Bulgarian Development Bank (BDB) are beginning to co-finance projects of Bulgarian businesses. Vladimir Liventsev, Deputy Chairman of the IIB Board, and Bilian Balev, Deputy Chairman of the BDB Board, today signed a Memorandum of Cooperation between the two financial institutions. The document governs the granting of syndicated loans to companies in Bulgaria, which want to develop their business and… Read more

Bulgarian Deputy Prime Minister visits IIB

March 5, 2015

Bulgarian delegation led by the Deputy Prime Minister and Minister of Labour and Social Policy, Ivailo Kalfin, visited the IIB headquarters on March 5. The delegation also included the Ambassador Extraordinary and Plenipotentiary of the Republic of Bulgaria to the Russian Federation, H.E. Boyko Kotzev, and employees of the Ministry and the Embassy. During the meeting, IIB’s Chairman of the Board, Nikolay Kosov, and other members of the Board… Read more

News by country: Republic of Bulgaria