Consultations are being continued with the member states of the Bank, concerning the questions included in the agenda of the 100th Council of IIB which will take place on December, 5−6, 2013 in Moscow. Ambassador Extraordinary and Plenipotentiary of the Republic of Bulgaria in the Russian Federation, H.E. Mr. Boyko Kotzev, held a meeting with the expanded format of the Bank’s management. The Chairman of the Board, Nikolay…  Read more

During his visit to the Russian Federation Minister of Finance of the Republic of Bulgaria Petar Chobanov held a meeting with the senior management of the International Investment Bank. Nikolay Kosov briefed Mr. Chobanov on the main results of the current transformation of the Bank — modernization of the regulatory framework, readjustment of the old credit portfolio, implementation of the risk management system, list…  Read more

The Government of Bulgaria has officially approved the increase of the paid-in capital of the International Investment Bank. In accordance with its share, Bulgaria will transfer EUR 12,36 million to the capital of IIB. The given funds will be taken into consideration in the state budget for 2014. As was noted by Bulgarian authorities, this decision is aimed at «the growth of activity of the Bank and the increase…  Read more

The Chairman of the Board of the International Investment Bank Nikolay Kosov has been awarded the «Samara Cross», a memorable medal of the Republic of Bulgaria, which was founded on the occasion of the 135-th anniversary of the liberation of Bulgaria from Ottoman Yoke. The Samara Cross — is the main element of the Samara flag, one of the symbols of Bulgarian military forces. A cloth embroidered…  Read more

International Investment Bank has opened a credit line for the Bulgarian Development Bank in order to finance projects supporting small and medium-sized business in the Republic of Bulgaria. The given agreement was signed by the Chairman of the Board Nikolay Kosov and the Chief Executive Officer of BDB Assen Yagodin in Moscow. The ceremony was also attended by the Extraordinary and Plenipotentiary Ambassador of Bulgaria to the Russian…  Read more