News by country: Russian Federation

IIB for the first time advises a documentary letter of credit in order to facilitate the import of Russian products to Vietnam

IIB for the first time advises a documentary letter of credit in order to facilitate the import of Russian products to Vietnam

International Investment Bank (IIB) for the first time provided support to a Vietnamese importer as part of the Trade Finance Support Programme (TFSP) by advising a letter of credit issued by Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to the exporter's bank, one of the Top Five Russian banks in terms of assets. As an intermediary bank that maintains partnership relations with a large number of financial institutions in its member states and third countries, IIB…  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
Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó visited the IIB Headquarters

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó visited the IIB Headquarters

Within the framework of the official visit of the Prime Minister of Hungary Viktor Orbán to the Russian Federation, a working meeting between the Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and the Chairman of the International Investment Bank Board Nikolay Kosov was held at the IIB Headquarters. Nikolay Kosov presented the international team of top managers of the Bank to the high-level guest, spoke about main scopes of IIB activities in Central and Eastern Europe in…  Read more
State Bank of Vietnam high level delegation visit to IIB

State Bank of Vietnam high level delegation visit to IIB

State Bank of Vietnam high - level delegation paid a visit to the IIB Headquarters A high level delegation of the State Bank of the Socialist Republic of Vietnam headed by Deputy Governor Madame Nguyen Thi Hong visited International Investment Bank (IIB). The delegation of IIB was headed by Deputy Chairman of the Board Mr. Jozef Kollar. International Bank for Economic Cooperation representatives were also present at the meeting headed by the IBEC Chairman of the Board Mr. Denis Ivanov.  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