News by country: Socialist Republic Of Vietnam

The International Investment Bank (IIB) joins the International Development Finance Club (IDFC)

The International Investment Bank (IIB) joins the International Development Finance Club (IDFC)

On the margin of its Annual Meeting held in Bali on October 14, 2018 , IDFC, the international group of 24 leading national and regional development banks, welcomed IIB as new member of the Club. Mr. Jozef Kollar, Deputy Chairman of the IIB Management Board, signed today during the IDFC Annual Meeting in Bali the deed of membership of the International Investment Bank, in the presence of Rémy Rioux, IDFC Chairperson and CEO of Agence Française de Développement (AFD) and of CEOs and…  Read more
The IIB had successfully closed book for a new bond placement

The IIB had successfully closed book for a new bond placement

On October 10, 2018, the International Investment Bank (IIB) successfully closed the order book for a new bond issue on the Bucharest Stock Exchange. The issue is the fourth one in a row for the IIB and the largest one in terms of volume on the Romanian market. The placement was organized by BT Capital Partners S.A. (Banca Transilvania Group), BRD - Groupe Société Générale S.A. and ING BANK N.V. AMSTERDAM - SUCURSALA BUCURESTI. The new issue was again structured in two tranches – in RON…  Read more
Multilateral Development Banks met again at the IIB to discuss current challenges

Multilateral Development Banks met again at the IIB to discuss current challenges

At the invitation of International Investment Bank (IIB), representatives of major multilateral development banks, including the World Bank Group, European Bank for Reconstruction and Development, European Investment Bank, African Development Bank, Islamic Development Bank etc., gathered on 20 - 21 September, 2018 at the IIB headquarters, in Moscow, for the 18th annual «ALM and Risk Management Forum for MDBs». The Forum was attended by more than 50 managers and specialists in the field of risk…  Read more
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