News by country: Republic of Bulgaria

 International Investment Bank lends to Eurohold Group

International Investment Bank lends to Eurohold Group

The International Investment Bank signed a EUR 15 million loan agreement (EUR 10 million have been already disbursed) with the Eurohold Group, the Republic of Bulgaria. The financial resources are provided for a 7-year term and directed primarily to support the expansion of the Group’s operations in Romania. It is of paramount importance that the IIB finances the development of the group of companies that have strategic interests…  Read more
IIB co-finances Bulgarian company EuroLease

IIB co-finances Bulgarian company EuroLease

The International Investment Bank jointly with VTB Capital (Austria) AG financed a Bulgarian company EuroLease. The total amount of the loan is EUR 15 million, IIB’s share is EUR 7 million. A 5-year loan is provided for the support of small and medium enterprises — the key element of the Bank’s mandate. EuroLease will use the funds to expand its car fleet with a view to further leasing. The project is being…  Read more
International Investment Bank – new aspects of development

International Investment Bank – new aspects of development

The 102nd meeting of the Council of the International Investment Bank, the highest authority of the Bank’s administration, took place in the capital of the Republic of Bulgaria, Sofia. The delegations of the member states approved key future-oriented decisions: on the Hungary’s admission to the IIB’s membership and the opening of the IIB’s European office in Bratislava. Although the Bank was losing its members…  Read more
IIB purchases bonds of the Ministry of Finance of Bulgaria

IIB purchases bonds of the Ministry of Finance of Bulgaria

International Investment Bank expands its presence in the sovereign debt markets of its member states. On September 23, 2014, the IIB took part in the seven-year bonds auction of the Ministry of Finance of the Republic of Bulgaria. The IIB became the first international organization, which participated on such a scale in Bulgarian domestic market and opened up possibilities to other external investors to engage…  Read more
Bulgaria increased International Investment Bank's capital

Bulgaria increased International Investment Bank's capital

The Government of the Republic of Bulgaria made an additional contribution to the authorized capital of the International Investment Bank. EUR 12,36 million was transferred to the IIB’s account. The IIB’s paid-in capital increased to EUR 270 million. Thus Bulgaria completely fulfilled its obligations in the framework of the IIB’s recapitalization program which was approved at the 99th meeting of the Council…  Read more