Moscow, Russia, January 22, 2013-IFC, a member of the World Bank Group, is providing Transcapitalbank with a five-year USD 50 million loan to help the bank expand access to finance for small and medium enterprises (SMEs), helping them improve energy efficiency and encourage female entrepreneurs across Russia. In addition IFC has mobilized a EUR 20 million loan from International Investment Bank (the IIB), earmarked for energy efficient SME projects.  Read more

A business meeting between the top managers of IIB and their colleagues from SME Bank was held, which was dedicated to the development and the intensification of cooperation. SME Bank is part of the Vneshekonombank’s group of the Russian Federation and implements the State program of the support of small and medium enterprises. In its turn the development of small enterprises in the member states is one of the main…  Read more

The delegation of the Republic of Cuba headed by the Vice-President of the Executive Committee of the Council of Ministers of the Republic of Cuba, Ricardo Cabrisas Ruiz visited International Investment Bank. The head of the economic bloc of the Cuban Government arrived to Moscow to participate in activities, which coincide with the anniversary of the 100th meeting of the Council of the IIB. The Chairman…  Read more

The delegation of International Investment Bank visited the Republic of Belorussia. IIB’s senior management continued to hold a series of meetings with colleagues from Belvneshekonombank, one of the largest national financial institutions. The results of the IIB’s re-launch were discussed in detail and also Belorussian colleagues were informed about the Bank’s plans for the near-term and midterm prospects. Besides this, approaches…  Read more

The International Investment Bank and the Trade and Development Bank of Mongolia (TDB) concluded an Agreement on strategic cooperation. The Agreement was signed by the Chairman of the Board of the IIB, Nikolay Kosov and Chief Executive Officer of TDB, Balbar Medree. The Extraordinary and Plenipotentiary Ambassador of Mongolia to the Russian Federation H.E. Mr. Shukher Altangerel also participated in the signing ceremony. The agreement…  Read more