News by country: Republic of Cuba

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
IIB holds seminar on foreign investment at 34th Havana International Fair

IIB holds seminar on foreign investment at 34th Havana International Fair

A high-level delegation of the International Investment Bank (IIB), headed by Deputy Chairmen of the Board, Jozef Kollár and Vladimir Liventsev, participated in the events of the 34th Havana International Fair (FIHAV 2016) that took place from October 31 to November 4, 2016 in the capital of the Republic of Cuba. This multi-sectoral fair is among the three largest events of such format in Latin America and this time attracted more than 1 000 businesses from 75 countries. The fair also hosted the…  Read more
IIB presents unique opportunities for investment cooperation with Cuba at its seminar in Bratislava

IIB presents unique opportunities for investment cooperation with Cuba at its seminar in Bratislava

Unique opportunities for investment cooperation and export-import operations between Central and Eastern Europe (CEE) and the Republic of Cuba were discussed today during the seminar “Emerging Cuba – Opportunities for CEE Businesses”, organized by the European Regional Office of the International Investment Bank (IIB) with support from the Slovak Investment and Trade Development Agency (SARIO). The event was held in light of IIB’s status as the only multilateral development bank with Cuba as a…  Read more
IIB signs cooperation agreement with Central Bank of Cuba, confirming its status as a global development institution

IIB signs cooperation agreement with Central Bank of Cuba, confirming its status as a global development institution

The International Investment Bank (IIB) and the Central Bank of Cuba (CBC) today signed the Agreement on Cooperation in Organising Financing. The document confirms a special status of the IIB as a global development finance institution represented on three continents and the only multilateral development bank with Cuba as a full member. The signing ceremony took place during the Business Forum “Supporting Economic Growth in Hungary and the CEE Region”, associated with the 105th IIB Council…  Read more