News by tag: Partnership

IIB  to allocate funds for environmental initiatives in Mongolia

IIB to allocate funds for environmental initiatives in Mongolia

With a view to continuously promote the implementation of sustainable development principles and ensure environmental protection in member countries, International Investment Bank (IIB) announced allocation of a new grant facility for the implementation of an environmental project. Funds for 100 mln tugriks will be allocated to the Academy of Sciences of Mongolia for works related to studies and restoration of wetlands of the upper creek of the Tuula Gol river flowing in the central region of…  Read more
IIB traditionally initiates development banks compliance experts annual meeting

IIB traditionally initiates development banks compliance experts annual meeting

On October 17, 2018 an international conference «Managing Compliance Risks in Development Finance Institutions: Multilateral and National Experiences” took place in Budapest (Hungary) under the auspices of the International Investment Bank (IIB). This important international forum was organized by IIB with in collaboration with the Banking Association of Central and Eastern Europe (BACEE), a long-term partner of the Bank. Representatives of international and national development banks,…  Read more
State Bank of Vietnam high level delegation visit to IIB

State Bank of Vietnam high level delegation visit to IIB

State Bank of Vietnam high - level delegation paid a visit to the IIB Headquarters A high level delegation of the State Bank of the Socialist Republic of Vietnam headed by Deputy Governor Madame Nguyen Thi Hong visited International Investment Bank (IIB). The delegation of IIB was headed by Deputy Chairman of the Board Mr. Jozef Kollar. International Bank for Economic Cooperation representatives were also present at the meeting headed by the IBEC Chairman of the Board Mr. Denis Ivanov.  Read more
Following Moody’s long term credit rating upgrade to A3 with stable outlook, International Investment Bank taps its outstanding CZK Floater, increasing the size to CZK 750 m.

Following Moody’s long term credit rating upgrade to A3 with stable outlook, International Investment Bank taps its outstanding CZK Floater, increasing the size to CZK 750 m.

IIB decided to go another step forward in the capital market funding strategy and tap the outstanding April 2021 CZK Floater with an amount of 249 m, totaling to CZK 750 m. Erste Group, the Lead Manager of the transaction indicated that a Czech investor who already held IIB’s issues in its portfolio, is very much interested to increase its exposure on IIB. In spite of the volatile capital market environment, on the back of the rating upgrade of IIB to A3 by Moody’s, the increase of the debut…  Read more
Implementation of IFRS 9 by MDBs – in the focus of IIB and BSTDB’s consultations

Implementation of IFRS 9 by MDBs – in the focus of IIB and BSTDB’s consultations

How do MDB’s deal with the existing loan portfolios in preparation for implementing IFRS9? This and other questions on the financial reporting were discussed during a working visit by the Black Sea Trade and Development Bank’s (BSTDB) delegation to the headquarters of the International Investment Bank (IIB), on July 4-5, 2017. The main aim of the working visit was an exchange of experience concerning the new international financial reporting standards, effective from January 1, 2018. During…  Read more