News by tag: Paid-in capital

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
IIB continues dialogue with shareholders

IIB continues dialogue with shareholders

On June 3, 2019 within the framework of his officialvisit to the Russian Federation Vice President of the Council of Ministers of the Republic of Cuba Ricardo Cabrisas Ruis held a bilateral meeting with the Chairperson of the Management Board of International Investment Bank Nikolay Kosov. High level Cuban officials, as well as board members and management of the financial institution were also in presence. Head of IIB updated the Cuban delegation on the status of practical implementation of…  Read more
After an additional contribution by Hungary, share of EU member states in IIB’s capital approaches 50%

After an additional contribution by Hungary, share of EU member states in IIB’s capital approaches 50%

Hungary has made an additional EUR 10 million payment to the paid-in capital of the International Investment Bank (IIB), having fulfilled all the obligations regarding its contribution as the Bank’s new member country according to the resolution of the 102nd IIB Council Meeting (November 2014, Bulgaria). As a result, Hungary increased its share to EUR 40 million (12.78%), surpassing the Czech Republic and becoming IIB’s third largest shareholder after the Russian Federation (47.92%) and the…  Read more
 Bank's paid-in capital increased to EUR 247.6 million

Bank's paid-in capital increased to EUR 247.6 million

The Government of the Slovak Republic was the first member state to fulfill its obligations concerning the Bank’s recapitalization. EUR 6, 29 million has arrived on the IIB’s account as the additional contribution of the Slovak Republic to the authorized capital of the Bank. As a result the IIB’s paid-in capital is EUR 247,6 million and the Slovak Republic’s share in the Bank grew up to 8.67%. The…  Read more