News by tag: Partnership

IIB signed a loan agreement with Mongolian Capital Bank

IIB signed a loan agreement with Mongolian Capital Bank

Today, at its headquarters, the International Investment Bank concluded a loan agreement with the Capital Bank (Mongolia). The facility, in the amount of EUR 5 million and tenor of 4 years, will be directed for development of small and medium-sized enterprises in Mongolia. The Banks continued their cooperation, which started in October 2013, when they signed the first loan agreement, aimed at support of SME sector as well. The loan has become the eighth one, disbursed by the IIB in Mongolia…  Read more
Government of Vietnam supports IIB’s development strategy – the Bank’s Chairman of the Board met with the country’s Deputy Prime Minister

Government of Vietnam supports IIB’s development strategy – the Bank’s Chairman of the Board met with the country’s Deputy Prime Minister

Nikolay Kosov, Chairman of the Board of the International Investment Bank, met with Vu Van Ninh, Deputy Prime Minister of the Socialist Republic of Vietnam, responsible for financial and economic affairs. At the meeting, organised on the occasion of the 104th IIB Council Meeting, held on December 3-4 in Hanoi, Nikolay Kosov thoroughly informed his Vietnamese colleague about the results of the Bank’s activities during the post–reform year under the IIB’s renewed strategy. Mr. Kosov expressed…  Read more
IIB and BIDV sign a loan agreement to finance SMEs in Vietnam

IIB and BIDV sign a loan agreement to finance SMEs in Vietnam

On December 4, 2015, in Hanoi, Vietnam, within the framework of the Business Forum organised by the International Investment Bank and the State Bank of Vietnam on the occasion of the 104th IIB Council Meeting, IIB and JSC Bank for Investment and Development of Vietnam (BIDV) signed the Loan Agreement of USD 20 million with a term of five years to finance small and medium-sized enterprises in Vietnam. Attending and witnessing the signing were Mr. Nguyen Van Binh – Member of the Party Central…  Read more
IIB starts cooperation with Vietnam’s rapidly growing regions

IIB starts cooperation with Vietnam’s rapidly growing regions

At the annual Open Session of the IIB Council, organised during the events of the 104th IIB Council Meeting in Hanoi on December 3-4, 2015, the International Investment Bank signed Memoranda of Understanding on cooperation with the People's Committees of Thanh Hoa Province and the city of Danang. The documents are meant to provide a basis for exchange of information on prospective investment projects for their potential financing by the IIB in such socially significant sectors and areas as…  Read more
IIB is supporting the WWF to help protect Vietnam’s last remaining wild elephant population

IIB is supporting the WWF to help protect Vietnam’s last remaining wild elephant population

The International Investment Bank continued its efforts to contribute to the preservation and protection of its member states’ environment and endangered species. On December 4, 2015, in Hanoi, Vietnam, at the Open Session of the IIB Council that took place during the events of the 104th Council Meeting held on December 3-4, Nikolay Kosov, Chairman of the Bank, thus handed a cheque of USD 40 000 to Dr. Van Ngoc Thinh, Country Director of WWF-Vietnam, the leading Global Conservation Organisation…  Read more