News by country: Czech Republic

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
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 is developing the Hungarian dialogue

IIB is developing the Hungarian dialogue

The delegation of the International Investment Bank headed by Nikolay Kosov, Chairman of the Board, who was accompanied by Georgy Potapov, Deputy Chairman of the Board, within the framework of their business visit to the Hungarian capital, held bilateral consultations with the Head of the Hungarian Delegation in the IIB Deputy Prime Minister of Hungary, Finance Minister Mr. Mihály Varga and the Minister of Foreign Affairs and Trade of the country, Mr.Péter Szijjártó. The parties…  Read more