News by tag: Partnership

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
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
IIB Chairman Nikolay Kosov meets Hungarian Prime Minister Viktor Orban

IIB Chairman Nikolay Kosov meets Hungarian Prime Minister Viktor Orban

On January 28, 2019 Hungarian Prime Minister Viktor Orban hosted a meeting with Chairperson of the Management Board of the International Investment Bank Nikolay Kosov in his new residence in the country’s capital. Key focus on the agenda was given to the development of IIB activities taking into account a decision to relocate the Bank’s headquarters to Budapest and enhancement of its operations in Europe. IIB Chairperson of the Management Board provided detailed information to the Hungarian…  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