News by country: Republic of Cuba

Multilateral Development Banks met again at the IIB to discuss current challenges

Multilateral Development Banks met again at the IIB to discuss current challenges

At the invitation of International Investment Bank (IIB), representatives of major multilateral development banks, including the World Bank Group, European Bank for Reconstruction and Development, European Investment Bank, African Development Bank, Islamic Development Bank etc., gathered on 20 - 21 September, 2018 at the IIB headquarters, in Moscow, for the 18th annual «ALM and Risk Management Forum for MDBs». The Forum was attended by more than 50 managers and specialists in the field of risk…  Read more
Towards convergence:  IIB and IBEC  shareholders discussed the future of the banks

Towards convergence: IIB and IBEC shareholders discussed the future of the banks

On September 13, 2018 in Varna (Republic of Bulgaria), the "Summit of 10 countries" - shareholders of the International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC) took place. The event sort of became symbolic in the newest history of both financial institutions: the shareholder countries had not met in such a format for over 10 years. Deputy Minister of Finance of the Republic of Bulgaria Marinela Petrova presided at the Summit. The main topic fo…  Read more
IIB expertise is now available to the participants of international financial markets: the IIB has launched its new individual page on the Thomson Reuters Eikon terminal

IIB expertise is now available to the participants of international financial markets: the IIB has launched its new individual page on the Thomson Reuters Eikon terminal

As part of the established partnership relations between the International Investment Bank (IIB, Bank) and Thomson Reuters, the Bank publishes a wide range of financial information and data that represent a significant value for the participants of international currency and securities markets. In particular, the IIB provides information on the quotations of 25 corporate bonds and Eurobonds that the Bank holds in its portfolio, publishes spot and cross exchange rates, fixings, full forward…  Read more
IIB announces entry into force of the new statutory documents

IIB announces entry into force of the new statutory documents

International Investment Bank is pleased to announce the entry into force of the new statutory documents of the Bank. The ratification process was successfully completed on June 25, 2018 when the Protocol Amending the Agreement on the Establishment of the International Investment Bank and its Charter was ratified by the President of the Slovak Republic. The new statutory documents entered into force 30 days after the date of receipt of the Protocol by the depositary, i.e. the Ministry fo…  Read more
The IIB releases audited IFRS financial statements for H1 2018: financial stability, strong asset growth, expansion and diversification of the loan and trade finance portfolio, quality improvements in treasury assets, and net profit growth

The IIB releases audited IFRS financial statements for H1 2018: financial stability, strong asset growth, expansion and diversification of the loan and trade finance portfolio, quality improvements in treasury assets, and net profit growth

The International Investment Bank (IIB) has published its audited IFRS financial statements. During the first half of 2018, the Bank made significant progress in meeting the targets set out in its mid-term business plan. The IIB's H1 2018 financials confirm positive dynamics across all key performance indicators, including expansion of the loan and trade finance portfolio, quality improvements in treasury assets as well as diversification of borrowings in terms of type, maturity, geography and…  Read more