News by country: Republic of Cuba

IIB continues to expand cooperation with international development banks

IIB continues to expand cooperation with international development banks

In October International Investment Bank (IIB), jointly with the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and two Czech ministries - finance and industry and trade offered a unique opportunity for all exhibiting companies as well as for visitors of the International Engineering fair in Brno (Czech Republic) to get a detailed information about their credit products and services at a seminar named “Financing Opportunities Offered by International…  Read more
The IIB Chairman of the Board congratulated IBEC on the occasion of the 55th anniversary of the bank

The IIB Chairman of the Board congratulated IBEC on the occasion of the 55th anniversary of the bank

Denis Ivanov Chairman of the Board International Bank for Economic Cooperation Dear Denis, On behalf of the Board of the International Investment Bank, our whole international team and, of course, on my own behalf please allow me to congratulate International Bank for Economic Cooperation and its staff on the jubilee! 55 for people nowadays is an age of energetic maturity, time when accumulated professionalism and life experience allow to confidently achieve the…  Read more
The International Investment Bank (IIB) joins the International Development Finance Club (IDFC)

The International Investment Bank (IIB) joins the International Development Finance Club (IDFC)

On the margin of its Annual Meeting held in Bali on October 14, 2018 , IDFC, the international group of 24 leading national and regional development banks, welcomed IIB as new member of the Club. Mr. Jozef Kollar, Deputy Chairman of the IIB Management Board, signed today during the IDFC Annual Meeting in Bali the deed of membership of the International Investment Bank, in the presence of Rémy Rioux, IDFC Chairperson and CEO of Agence Française de Développement (AFD) and of CEOs and…  Read more
The IIB had successfully closed book for a new bond placement

The IIB had successfully closed book for a new bond placement

On October 10, 2018, the International Investment Bank (IIB) successfully closed the order book for a new bond issue on the Bucharest Stock Exchange. The issue is the fourth one in a row for the IIB and the largest one in terms of volume on the Romanian market. The placement was organized by BT Capital Partners S.A. (Banca Transilvania Group), BRD - Groupe Société Générale S.A. and ING BANK N.V. AMSTERDAM - SUCURSALA BUCURESTI. The new issue was again structured in two tranches – in RON…  Read more
IIB increases support for trade operations between Republic of Belarus and its member states

IIB increases support for trade operations between Republic of Belarus and its member states

International Investment Bank (IIB) has executed its inaugural issuance of a two-year irrevocable reimbursmente undertaking by the order of Joint Stock Company “Savings Bank “Belarusbank” in favour of a Czech financial institution. Starting from 2015 IIB has been building a trade finance portfolio. Its substantial part involves operations in the Republic of Belarus that makes purchases of high-tech equipment from the Bank’s member states (Czech Republic, Slovakia, Hungary, Bulgaria, Russian…  Read more