News by tag: Partnership

First joint project of IIB and BSTDB – production of dairy products in European Union

First joint project of IIB and BSTDB – production of dairy products in European Union

The International Investment Bank (IIB) has signed the first co-financing deal with its long-term partner – the Black Sea Trade and Development Bank (BSTDB). These international financial institutions have granted a EUR 50 million loan with a maturity of 7 years to the Greek group Tyras specialising in production of dairy products. IIB’s share in the total loan amount is 44% (EUR 22 million) and BSTDB’s – 56% (EUR 28 million). The BSTDB is one of IIB’s main partners among IFIs – it accepted…  Read more
Collaboration between the emerging world’s IFIs – IIB and NDB to establish a close working relationship

Collaboration between the emerging world’s IFIs – IIB and NDB to establish a close working relationship

During the week starting on April 18, representatives of the International Investment Bank (IIB) and the New Development Bank (NDB) held a series of working meetings to examine a range of areas for close cooperation between these two multilateral development institutions established by and for emerging market countries. Although on different scales, both the IIB and the NDB reflect the rising role of such countries, with the IIB driven mostly by CEE and fast-growing Asian states and the NDB set…  Read more
Hungary’s Ministry for National Economy hosts IIB’s presentation for the country’s business community

Hungary’s Ministry for National Economy hosts IIB’s presentation for the country’s business community

On Thursday, the International Investment Bank (IIB), under the auspices of the Ministry for National Economy of Hungary organised another presentation in order to spread information about its services and gain a stronger foothold in this country, thus continuing the practice launched by the IIB European Regional Office (ERO). The event, supported by the Hungarian Eximbank, IIB’s local strategic partner, marked a record-high attendance among all the so-called “IIB Days” organised up to that…  Read more
IIB gives views on the role of development banks in Central and Eastern Europe at the 32nd BACEE conference

IIB gives views on the role of development banks in Central and Eastern Europe at the 32nd BACEE conference

Risks and prospects for the banking sector in Central and Eastern Europe (CEE), including cooperation with multilateral development banks, were the main topic at the 32nd Regional Banking Conference of the Banking Association for Central and Eastern Europe (BACEE). The event took place on April 11-12, 2016 in Budapest, Hungary, with the support of the International Investment Bank (IIB) as its diamond sponsor. The conference brought together more than 100 financial executives and experts…  Read more
IIB expands its presence in Romania

IIB expands its presence in Romania

During the visit of the delegation of the International Investment Bank on January 25-26, 2016 to Bucharest, Chairman of the Board, Nikolay Kosov, met with Romania’s Minister of Public Finance, Anca Dragu, and a business seminar was organised by the Ministry for Romanian companies with the aim of presenting to them the opportunities for obtaining financial assistance for developing their business. The dialogue with the Minister regarding the current agenda proceeded on a highly positive…  Read more