News by tag: Partnership

IIB boosts investment volumes in member states in 2020

IIB boosts investment volumes in member states in 2020

Year 2020 - the 50th Anniversary year since the foundation of International Investment Bank - was marked as a period of unprecedented challenges of a global scale. The COVID-19 pandemic continues to impose its serious impact on the economic growth of IIB shareholders with no exception, while further exacerbating the need for development financing. Responding to such demands IIB, despite the external turbulences, managed to maintain and even ramp up the dynamics of its lending operations in the…  Read more
IIB provides Russian  transport infrastructure support: the Bank extends a large loan for the construction of the Central Ring Road

IIB provides Russian transport infrastructure support: the Bank extends a large loan for the construction of the Central Ring Road

International Investment Bank issued a subordinated loan to support the construction of the Central Ring Road (CRR) in the Moscow Region of the Russian Federation. As part of this large-scale infrastructure project, a new 106-kilometer long section of the Central Ring Road was built, connecting the M-11 Moscow - St. Petersburg and M-7 Volga highways. The estimated speed of vehicles on this modern high-speed four-lane highway is about 140 km/h. The implementation of the project is aimed at…  Read more
IIB continues to actively develop its partnership network: a number of meetings took place with leading Hungarian financial institutions

IIB continues to actively develop its partnership network: a number of meetings took place with leading Hungarian financial institutions

Building on successful completion of the headquarters relocation to Budapest International Investment Bank held a series of bilateral meetings with management of major Hungarian banks – key players on the domestic financial market. The main topic of a rather intense agenda was the analysis of opportunities related to mutually beneficial cooperation. Among a wide range of topics, cofinancing of investment projects, diversification of funding sources and cooperation in treasury operations were…  Read more
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
IIB hosts the annual meeting of Global Emerging Markets Risk Database Consortium (GEMs)

IIB hosts the annual meeting of Global Emerging Markets Risk Database Consortium (GEMs)

The best risk management practices were the focus of a discussion at a regular annual meeting of the Global Emerging Markets Risk Database Consortium (GEMs), which this year was organized and conducted under the auspices of International Investment Bank. The Consortium, founded by International Finance Corporation (IFC) and European Investment Bank (EIB), now includes twenty-one international development institutions. IIB joined the GEMs at the end of 2015. A three-day event involving…  Read more