News by country: Republic of Cuba

IIB top management held a working meeting with representatives of the international audit and consulting company EY

IIB top management held a working meeting with representatives of the international audit and consulting company EY

On May 21, 2019, IIB top management held a working meeting with representatives of the international audit and consulting company EY, which was appointed as the Bank's auditor as a result of an international tender procedure. The company presented managers of EY Hungary, who will carry out ongoing cooperation with IIB after the relocation of the Bank’s headquarters from Moscow to Budapest. The IIB Chairperson of the Management Board Nikolay Kosov addressed the audience with a welcoming…  Read more
IIB  held a  meeting of the Ambassadors’ Club

IIB held a meeting of the Ambassadors’ Club

On May 20, 2019 in Moscow, International Investment Bank held a regular meeting of the IIB Ambassadors’ Club, which brought together the heads of diplomatic missions of the Bank's member states in Russia. As an honorary guest the event was also attended by Deputy Minister of Finance of the Russian Federation Sergei Storchak, who represents Russia on the IIB Board of Governors. The format of this regular meeting, established by IIB in 2013, implies a multilateral constructive dialogue on the…  Read more
Statement of the IIB Management Board

Statement of the IIB Management Board

International Investment Bank has received a number of inquiries from Hungarian and international news agencies in the last few days related to frequently appearing false information related to the Bank activities, replicated lately in various mass media. The IIB Management Board deems it necessary to clarify a number of key aspects of this reporting. This is an official commentary from the Bank to the following unfounded allegations. 1. «Russia’s International Investment Bank…»…  Read more
S&P Global upgrades IIB long-term rating to A- with a stable outlook

S&P Global upgrades IIB long-term rating to A- with a stable outlook

On March 7, 2019 international rating agency S&P Global upgraded long-term rating of International Investment Bank (IIB) to A- with a stable outlook. This is a first in 2019 and already a fifth positive rating action on the Bank since the beginning of 2018 from leading international rating agencies. S&P underlines that the upgrade is based on a “moderate corporate risk profile and a very strong financial profile in accordance with renewed criteria of the agency” adopted within the framework of…  Read more
The second meeting of the IIB Board of Directors took place in Moscow

The second meeting of the IIB Board of Directors took place in Moscow

On March 1, 2019, the second meeting of the Board of Directors of International Investment Bank was held in Moscow. The event was attended by authorized representatives of all member states, members of the IIB Management Board and heads of key departments of the Bank. Opening the meeting, the Chairperson of the IIB Management Board Nikolay Kosov and his deputies presented a brief report on the activities of IIB in 2018 to the participants, which became a record performance year in many key…  Read more