News by tag: Council

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
Inaugural Board of Governors Meeting: new milestone in institution’s development

Inaugural Board of Governors Meeting: new milestone in institution’s development

On December 3-4, 2018 in accordance with the new statutory documents that entered into force in August this year first meetings of the Board of Directors and the Board of Governors of the International Investment Bank (IIB) took place in Varadero (Republic of Cuba). The scale of decisions taken significantly empowers the Bank and allows for its further intensive growth in the long-term. The Board of Governors voted for a relocation of IIB Headquarters to Budapest from Moscow. As a…  Read more
Focus on integration: IIB strengthens economic cooperation between member states

Focus on integration: IIB strengthens economic cooperation between member states

On the sidelines of the joint meeting of the Board of Governors of International Investment Bank (IIB) and of the Council of the International Bank for Economic Cooperation (IBEC) a Memorandum of understanding was concluded between IIB, IBEC and a production company Viglacera Corporation (Socialist Republic of Vietnam). Chairperson of the Management Board Nikolay Kosov signed the document on behalf of IIB, Chairman of the Board Denis Ivanov and Deputy Chairman ofthe Board Thinh Thi Hong were…  Read more
A meeting between the IIB Governor from the Russian Federation Sergey Storchak and Chairman of the Management Board Nikolay Kosov

A meeting between the IIB Governor from the Russian Federation Sergey Storchak and Chairman of the Management Board Nikolay Kosov

Russian Federation authorized representative in the Board of Governors of the International Investment Bank (IIB), Deputy Finance Minister of the Russian Federation Sergey Storchak together with members of the Russian delegation in IIB visited the Bank’s headquarters, where bilateral working consultations were held with the Chairman of the IIB Management Board Nikolay Kosov on current and potential operations of the financial institution. Special attention was given to “comparing notes” on key…  Read more
A green grant from a green bank: IIB continues to support peatlands restoration project.

A green grant from a green bank: IIB continues to support peatlands restoration project.

As part of extending its environmental responsibility practice and contributing to the implementation of sustainable development principles in member states, the International Investment Bank (IIB) provided a new grant for execution of a project on restoring peatlands in Russia. This important environmental protection initiative is being implemented by Wetlands International, an international non-governmental organisation. On June 4, 2018, within the course of events of the 109th meeting of…  Read more