News by country: Republic of Cuba

A new appointment at the IIB: Georgy Potapov has been appointed to the position of Deputy Chairman of the Board of the International Investment Bank

A new appointment at the IIB: Georgy Potapov has been appointed to the position of Deputy Chairman of the Board of the International Investment Bank

July 26, 2018 The International Investment Bank (IIB) is pleased to announce the appointment of Georgy Potapov to the position of Deputy Chairman of the Board of the IIB. In this new position, Mr. Potapov will coordinate the activities of the Bank’s Strategy bloc, and will be responsible, among other things, for such key directions as strategic planning and implementation of the fundamental goals of the Bank’s development, for cooperation with international and national development…  Read more
High-level strategic decision: First step taken towards establishment of IIB European Unit in Budapest

High-level strategic decision: First step taken towards establishment of IIB European Unit in Budapest

Budapest, 18.06.2018 Following the invitation of the Government of Hungary the delegation of the International Investment Bank headed by Chairman of the Board Nikolay Kosov visited the Hungarian capital with the purpose of bilateral consultations with the Deputy Prime Minister Mihály Varga as well as participation in the signing ceremony of the Memorandum of understanding between Hungarian Government and IIB. Conclusion of the document serves as one of the initial steps towards practical…  Read more
Cuban direction: IIB charts route on location

Cuban direction: IIB charts route on location

The implementation of projects involving Cuban companies and building of a potential for investment activity of the International Investment Bank (IIB) in Cuba was the main topic during the IIB’s working visit to Havana that took place on October 30 – November 2, 2017. The Bank’s delegation held a series of meetings and negotiations with high-ranking representatives of the Cuban government, and also with the CEOs of major Cuban banks, financial institutions, and investors from the IIB membe…  Read more
Government delegation of the Republic of Cuba visited headquarters of the IIB

Government delegation of the Republic of Cuba visited headquarters of the IIB

On July 12, 2017, the delegation of the Republic of Cuba, led by the Minister of Construction, Mr. René Mesa Villafaña, payed a working visit to the headquarters of the International Investment Bank (IIB). During the meeting, the members of the IIB Board discussed with the Cuban partners a wide range of issues concerning the investment cooperation and the comprehensive expansion of the Cuban direction of the Bank’s activities. The delegation also included the Ambassador Extraordinary and…  Read more
EUR 50 million in credit lines anticipated after signing of documents at IIB Day in Cuba

EUR 50 million in credit lines anticipated after signing of documents at IIB Day in Cuba

On November 3, 2016, at the so-called IIB Day during the Havana International Fair, Deputy Chairman of the IIB Board, Vladimir Liventsev, gave a detailed presentation of the financial instruments of the Bank for supporting sustainable development projects in the country, emphasizing export/import and financing of SPVs set up jointly with companies from other IIB member states. In contrast with the past four years, when the renewed Bank supported the Cuban economy only indirectly, by financing…  Read more