News by country: Russian Federation

IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum

IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum "Russian-Hungarian Trade and Industrial Dialogue"

On October 12, 2021, as part of the development of mutually beneficial bilateral ties between the business communities of Russia and Hungary, a business forum "Russian-Hungarian Trade and Industrial Dialogue" was held in Budapest. The Hungarian Chamber of Commerce and Industry, the Moscow Chamber of Commerce and Industry, the working group of the Russian Union of Industrialists and Entrepreneurs (RUIE) on Russian-Hungarian economic and investment cooperation as well as a number of professional…  Read more
IIB continues to support the infrastructure development of its member states: the Bank became an investor of the pilot issue of infrastructure bonds of JSC “DOM.RF”

IIB continues to support the infrastructure development of its member states: the Bank became an investor of the pilot issue of infrastructure bonds of JSC “DOM.RF”

International Investment Bank became a major investor of a pilot issue of infrastructure bonds placed by LLC “SPV “Infrastructure Bonds”, where JSC “DOM.RF” is a founder and a sole shareholder. JSC "DOM.RF" was established in 1997 by a decree of the Government of the Russian Federation to facilitate the implementation of the state housing policy. JSC "DOM.RF" is an authorised development institution in the housing sector in accordance with the Federal Law N 225 "On promoting the development…  Read more
IIB supports the largest over the past 15 years project for the export of high-tech power equipment from the Czech Republic to the Russian Federation

IIB supports the largest over the past 15 years project for the export of high-tech power equipment from the Czech Republic to the Russian Federation

International Investment Bank (IIB) has approved the provision of an irrevocable guarantee to ZDAS a.s. (Czech Republic) for the implementation of a large-scale project involving the design, construction and installation of a modern power plant at the Magnitogorsk Iron and Steel Works - MMK (Russian Federation). The total project volume is 172 million euros. The highly efficient and environmentally friendly steam-electric power plant will allow MMK to use gas from newly - built blast furnaces…  Read more
IIB develops dialogue with the shareholders: the Bank’s Management held a series of consultations with high-level government officials of the largest member states

IIB develops dialogue with the shareholders: the Bank’s Management held a series of consultations with high-level government officials of the largest member states

In April 2021, a series of meetings and consultations took place between the Chairperson of the IIB Management Board Nikolay Kosov and representatives of the largest shareholder states of the Bank. Current state of affairs in IIB, first intermediate results of the relocation to Europe, short-term prospects of further development and investment priorities of the institution, as well as the main provisions of a new strategy that is currently in an active stage of preparation at the Bank, were…  Read more
ACRA affirms A to International Investment Bank, outlook Stable, under the international scale, AAA(RU), outlook Stable, under the national scale for the Russian Federation. The agency also affirms AAA(RU) to the IIB bond issues

ACRA affirms A to International Investment Bank, outlook Stable, under the international scale, AAA(RU), outlook Stable, under the national scale for the Russian Federation. The agency also affirms AAA(RU) to the IIB bond issues

Among the key factors that contributed to this decision, ACRA, in particular, names high quality of management and strategy, transparency of operating activities, strong adequacy of capital, funding and liquidity, efficiency of the asset and risk management system, constant support from the member states due to high importance of the IIB’s operation for their economies. Since the beginning of this year, this is already the second positive action that rating agencies have taken with regard to…  Read more