The Delegation of the Black Sea Trade and Development Bank headed by its President Andrey Kondakov visited the International Investment Bank. During the meeting the parties exchanged views on the place of the international institutions for development in the modern economics, and discussed the possibility of supporting socially important and infrastructure projects in Eastern Europe. The parties also informed each other on the current state…  Read more

International Investment Bank has received a delegation from the Republic of Bulgaria, one of the Bank’s member states. Boyko Kotzev, Bulgaria’s Ambassador Extraordinary and Plenipotentiary to the Russian Federation, Iliyan Tsonev, the Head of Commercial and Economic Section of the Embassy of the Republic of Bulgaria, and Dimitar Zayakov, the Deputy Head of Commercial and Economic Section, met with the IIB executives and the employees…  Read more

The Central Cooperative Bank (the Republic of Bulgaria) opened limitations on operations with the International Investment bank on the financial markets. The Board of the CCB adopted the IIB’s proposition on cooperation, and in the nearest future the banks will start the cooperative work. The Central Cooperative Bank — is one of the oldest Bulgarian banks, it belongs to the top ten of the largest national financial…  Read more

The Board of the International Investment Bank endorsed opening a credit line to the Bulgarian Bank of Development for the support of small and mid-sized businesses of Bulgaria. The total bank credit will amount to EUR 20 million. The loan will be provided for a term of seven years. In addition to financing end-use borrowers, the BBD can give loans to the Bulgarian commercial banks to fund similar projects. The credit line…  Read more

The Chairman of the Board Mr Nikolay Kosov has met with the Extraordinary and Plenipotentiary Ambassador of the Republic of Bulgaria to the Russian Federation H.E. Mr Bojko Kotsev at the IIB Headquarters. Nikolay Kosov informed the Ambassador about the current stage of the Bank’s development and the implementation of its development strategy adopted at the last Meeting of the Council. He also pinpointed the targets the Bank…  Read more