News by tag: Partnership

IIB signs cooperation agreement with CAF – Development Bank of Latin America

IIB signs cooperation agreement with CAF – Development Bank of Latin America

The International Investment Bank (IIB) and CAF – Development Bank of Latin America signed today a Memorandum of Understanding to explore joint work opportunities in areas related to development financing, financial management, and corporate governance. The agreement was signed in Washington by IIB Chairman Nikolay Kosov and CAF Executive President Enrique García within the framework of the XX Annual CAF Conference. The purpose of the agreement is to establish a cooperation scheme fo…  Read more
IIB as observer at the 1st Annual Meeting of Asian Infrastructure Investment Bank

IIB as observer at the 1st Annual Meeting of Asian Infrastructure Investment Bank

The delegation of the International Investment Bank (IIB), headed by the Deputy Chairman of the IIB Board, Denis Ivanov, participated as an observer in the events of the 1st Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) on June 25-26, 2016 in Beijing, China. This historical meeting was attended by the representatives of member states and executive bodies of the AIIB, partner organisations and potential members, and was devoted to the progress and the…  Read more
IIB and Russian Chamber of Commerce and Industry discussed prospects for closer cooperation

IIB and Russian Chamber of Commerce and Industry discussed prospects for closer cooperation

Chairman of the Board of the International Investment Bank (IIB), Nikolay Kosov, yesterday met at the Bank’s headquarters with the recently appointed Vice President of the Chamber of Commerce and Industry (CCI) of the Russian Federation, Vladimir Dmitriev, with IIB member states’ representatives also participating in the meeting. The parties examined the prospects for a closer cooperation between the two organisations in specific areas. During the discussion, emphasis was placed on the…  Read more
IIB joins IFC and FMO in supporting Mongolian SMEs

IIB joins IFC and FMO in supporting Mongolian SMEs

The International Investment Bank (IIB) has joined the International Finance Corporation (IFC) and the Netherlands Development Finance Company (FMO), which have organised a syndicated USD 125.5 million facility for Mongolia’s XacBank, one of the leading lenders to micro and small businesses in the country. Along with other financial institutions, they will support the development of XacBank’s loan operations, including lending to SMEs. IIB’s share in the loan with a maturity of up to 3 years…  Read more
IIB and World Bank conclude work on corporate governance

IIB and World Bank conclude work on corporate governance

Moving from intentions to tangible cooperation after signing the Memorandum of Understanding in May last year, the International Investment Bank (IIB) and the International Bank for Reconstruction and Development (IBRD) – part of the World Bank Group (WBG) – have successfully concluded the corporate governance part of the Reimbursable Advisory Services (RAS) provided by the IBRD to the reformed multilateral lender. During this phase, the IBRD has reviewed IIB’s governance system and prepared…  Read more