News by country: Russian Federation

IIB Chairperson attends the riverbed overlap ceremony during construction  of Bely Porog hydro power plants

IIB Chairperson attends the riverbed overlap ceremony during construction of Bely Porog hydro power plants

International Investment Bank’s Chairperson of the Management Board Nikolay Kosov took part in the ceremony of overlap of Kem riverbed related to the construction of Bely Porog hydro power plants. Riverbed overlap is considered a procedure that gives start to new power plants, which will begin its full-scale operations in the first quarter of 2020 already. A long-term loan in the aggregate amount of 8,15 billion rubles (over 155 mln euros) for the implementation of this strategic renewable…  Read more
International Investment Bank headquartered in Budapest will focus on further sustainable development of member states economies and integration

International Investment Bank headquartered in Budapest will focus on further sustainable development of member states economies and integration

25th June 2019, Budapest - International Investment Bank has relocated its headquarters to Budapest, becoming the first and only multilateral development bank with Headquarters in the CEE region. According to the Bank’s strategy, the focus will be on providing financial support for sustainable and green initiatives both in Hungary and in the region and on strengthening of economic ties between its member states, said IIB Chairperson Nikolay Kosov at a press event. Strategy and future plans…  Read more
IIB Chairperson of the Management Board receives an award  for promotion of international cooperation

IIB Chairperson of the Management Board receives an award for promotion of international cooperation

On June 5, 2019 within the framework of St. Petersburg International Economic Forum 2019 (SPIEF) the III Award Ceremony for international cooperation and development of foreign economic activity took place. Chairperson of the Management Board of International Investment Bank Nikolay Kosov was among the prizewinners. Founders of the award are: Russian Chamber of Commerce, Moscow Centre for International Cooperation (the Government of Moscow) and “Kommersant” publishing house. SPIEF organisers -…  Read more
Russian capital hosts the third meeting of the IIB Board of Directors

Russian capital hosts the third meeting of the IIB Board of Directors

On May 31, 2019 a third meeting of the IIB Board of Directors took place in Moscow (Russian Federation). This event became an important milestone in continuous development of the Bank not only due to the importance of topics on the agenda and of decisions taken, but also considering the fact that it was the final meeting of the Board of Directors held in Moscow. All following gatherings will take place in the Hungarian capital – new headquarters location of the Bank. Greeting…  Read more
IIB actively participates in the inaugural sovereign Dutch green bond issue, confirms its “green investor” status and receives recognition for support from Dutch State Treasury Agency (DSTA)

IIB actively participates in the inaugural sovereign Dutch green bond issue, confirms its “green investor” status and receives recognition for support from Dutch State Treasury Agency (DSTA)

International Investment Bank acted as an investor in the inaugural bond issue of the Dutch State Treasury Agency. 5.9 bn euro issuance became the first AAA rated green bond placement in the world and was heavily oversubscribed. Proceeds from the deal will be directed at development of green capital markets globally. IIB participation in the deal goes fully in line with the mission and policies of the Bank in the sphere of sustainability and corporate social responsibility aimed at…  Read more