News by country: Russian Federation

Deputy Minister of Finance of the Russian Federation Timur Maksimov visited the IIB Branch in Moscow.

Deputy Minister of Finance of the Russian Federation Timur Maksimov visited the IIB Branch in Moscow.

On July 29, 2020, Deputy Minister of Finance of the Russian Federation Timur Maksimov, who was appointed to represent Russia in the Board of Governors of International Investment Bank back in May, paid his visit to the IIB Branch in Moscow, where he held a working meeting with the Chairperson of the IIB Management Board Nikolay Kosov. Mr. Kosov introduced key members of the IIB international team to Mr. Maksimov, informed him about the successful implementation of the current Strategy, as…  Read more
Russian transport infrastructure support: IIB joins a group of lenders providing long-term financial support for the construction of Central Ring Road

Russian transport infrastructure support: IIB joins a group of lenders providing long-term financial support for the construction of Central Ring Road

International Investment Bank has joined the group of financial institutions that support the construction of the Central Ring Road (CRR) in the Moscow Region. This large-scale infrastructure project, among other things, provides for the construction of a new 106-kilometer long section of the Central Ring Road (Starting point N3), which will run parallel to the Small Concrete Ring A-107 in the north-east of the Moscow Region and will connect the new high-speed highway M-11 "Moscow - St.  Read more
Virtual format and tangible results: first online IIB Board of Directors meeting takes place

Virtual format and tangible results: first online IIB Board of Directors meeting takes place

On June 5, 2020, the 6th meeting of the Board of Directors of International Investment Bank took place. The delegations of IIB member states discussed preliminary results of the Banks' activities since the beginning of this year and took a number of important decisions. For the first time in its history, the meeting was held in an online format. IIB’s successfully integrated modern custom-made IT system ensured effective and full-fledged remote interaction of all its governing bodies, as well…  Read more
ACRA confirms top investment rating for IIB

ACRA confirms top investment rating for IIB

According to the published press release, the Russian Analytical Credit Rating Agency (ACRA) affirmed IIB's international investment rating at the highest “A” level, as well as the national rating at AAA (RU). This is already a second rating action on the Bank from leading rating agencies since the beginning of the year. Earlier in late March, the international rating agency S&P Global also affirmed the long-term rating of International Investment Bank at “A-” level with a stable outlook.  Read more
IIB successfully closes the book for its second largest debt transaction on the Moscow Stock Exchange

IIB successfully closes the book for its second largest debt transaction on the Moscow Stock Exchange

International Investment Bank (А3(Moody's) / А-(S&P) / BBB+(Fitch Ratings)/ AAA(RU)(АCRA)) successfully closed an order book for the bonds in the nominal amount of RUB 7 billion, with a 5-year maturity. The bonds will be rated by ACRA by placement day. The settlement of the bonds is planned to take place on the April 29, 2020 on the Moscow Stock Exchange. After almost 2 years of absence in the Russian market, despite the volatile external environment caused by the COVID-19 across the globe…  Read more