News by tag: SMEs finance

Continued support of the SME sector and green finance in Mongolia: IIB joins a USD 120-million syndicated loan facility to Khan Bank

Continued support of the SME sector and green finance in Mongolia: IIB joins a USD 120-million syndicated loan facility to Khan Bank

International Investment Bank (IIB) became a participant in a USD 120 million (EUR 101.5 million in equivalent) syndicated loan to Khan Bank – Mongolia’s leading commercial bank. Arranged by the Dutch development institution FMO, this facility has other major European development financial institutions, such as France’s Proparco and Germany’s DEG, as well as Atlantic Forfeiting Company Ltd. as its members. The borrower intends to allocate the funds to increase lending volumes for small and…  Read more
IIB becomes a major investor in the Vajda-Papír Ltd. debut green bond issue

IIB becomes a major investor in the Vajda-Papír Ltd. debut green bond issue

International Investment Bank became a major investor of a corporate green bond issue placed by Vajda-Papír Ltd. on the Budapest Stock Exchange. Founded in 1999, the family-owned, mid-cap, FMCG Company with a revenue over EUR 70 mln, Vajda-Papír is the largest household hygiene paper production company in Hungary, with a total output representing around 55% of domestic production. The wide range of products of the company enjoys high demand domestically and is successfully distributed to…  Read more
IIB’s loan helps create 180 jobs in a new manufacturing plant in Bulgaria

IIB’s loan helps create 180 jobs in a new manufacturing plant in Bulgaria

Bulgarian company Sparky Eltos will use the funding received under the syndicated loan from the International Investment Bank and the Bulgarian Development Bank for production of a new range of wireless electric tools with Li-ion batteries. Utilising the EUR 10 million loan facility, EUR 7 million of which was provided by the IIB, the company built a plant in the city of Lovech with 180 new jobs. The ceremonial opening of the plant was held on November 2, 2015. IIB’s participation in the…  Read more
Asian-Pacific Bank and International Investment Bank extend credits to small business in the Far East

Asian-Pacific Bank and International Investment Bank extend credits to small business in the Far East

Asian-Pacific Bank and International Investment Bank signed an Agreement to finance SMEs, that deliver innovative, modernisation and energy-efficient projects mainly in the Far East and Siberia. IIB extends a EUR 20 million five-year loan for these purposes. The Loan Agreement was signed by the IIB Deputy Chairman of the Board Vladimir Liventsev and the Asian-Pacific Bank Chairman of the Executive Board Sergey Tyrtsev. The document contains requirements…  Read more
Center-invest Bank and International Investment Bank expand access to financing of small business on the South of Russia

Center-invest Bank and International Investment Bank expand access to financing of small business on the South of Russia

On October 1, 2014 the International Investment Bank signed a EUR 15 million three-year loan Agreement with Center-invest Bank. The loan will be used to fund the realisation of SMEs' innovation, modernisation and energy efficiency projects. The loan Agreement was signed by the Deputy Chairman of the Board of International Investment Bank Vladimir Liventsev and the Chairman of the Executive Board of Center-invest Bank Grigory Zhukov. According…  Read more