The International Investment Bank started the new year with participation in a syndicated lending to Acron Group — one of the world’s major mineral fertilizer producers. The IIB’s share in the five-year loan reaches USD 25 million. By supporting a Russian producer export potential the Bank actually contributes to the development of the Group’s international operations as the deal has also seen the participation…  Read more

On December 2, 2014, the International Investment Bank placed its second ruble bond issue of series 03 in the amount of RUB 4 billion with a put option on June 2, 2015. There were 13 bids received from investors. The total demand for IIB’s bonds amounted to RUB 4.74 billion, the oversubscription of the issue represented almost 20%. The coupon rate has been set at 12.25% per annum, with the bids ranging from 12% to 12.40%. Marketing…  Read more

International Investment Bank paid the first coupon, series 01 on 28.10.2014. The total amount of the paid coupon yield was 98 720 000 rubles. The rate of 1st coupon is 9, 90% per annum that corresponds to 49, 36 rubles on 1 bond. The obligation on payment of 1 coupon is fulfilled in full in due time. Bonds of series 01 were placed by the Bank on April 29, 2014, issuing volume — 2 billion rubles.  Read more

The IIB Chairman of the Board Nikolay Kosov was awarded with a Mongolian order of the Polar Star. That is the highest state honour of Mongolia bestowed on foreign citizens. A formal ceremony took place at the Bank’s headquarters, where the Chief of Staff of the Presidentof Mongolia Puntsag Tsagaan read out the Decree of the President Tsakhiagiin Elbegdorj and presented a certificate of appreciation. Mr Tsagaan welcomed…  Read more

On 15 October 2014, during the visit of IIB delegation to Budapest the Chairman of the Board Nikolay Kosov and the Minister for National Economy Mihály Varga signed a Memorandum of understanding, which fixes the principal conditions for the renewal of Hungary’s membership in the Bank according to previously agreed arrangements. The final decision on this matter will be taken during the 102nd meeting of the IIB Council in Sofia in the end of November 2014. Mihály Varga pinpointed that the…  Read more