News by tag: Capitalisation

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
IIB receives support from Member States: Slovakia contributes to the paid-in capital of the Bank

IIB receives support from Member States: Slovakia contributes to the paid-in capital of the Bank

The Slovak Republic made a EUR 2,955 million contribution to the paid-in capital of IIB, thus fulfilling its obligations for the current year under the 2020-2022 Capitalization Program aimed at the implementation of Development Strategy. As a result of this transaction, the Bank’s paid-in capital reached EUR 378,71 million. Slovakia became the third Member State of IIB to meet its obligations for the present year in full, following the contributions of Hungary and the Russian Federation…  Read more
Another contribution to the IIB paid-in capital: member states support the Bank in global crisis

Another contribution to the IIB paid-in capital: member states support the Bank in global crisis

On April 7, 2020, within the framework of the new capitalization programme approved by the IIB member states in the amount of up to 200 million euros, the Russian Federation transferred 10.64 million euros as a contribution to the paid-up capital of the Bank, bringing its total value to 370.25 million euros. Thus, Russia has become the first IIB shareholder to fully fulfil its obligations for the new round of capitalization due in 2020. Since the relocation of the IIB headquarters to Europe in…  Read more