News by tag: SMEs finance

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
IIB is funding SMEs in Russian regions

IIB is funding SMEs in Russian regions

International Investment Bank extended a loan to JSC «Spurt» in the amount of EUR 15 million, with a loan term of five years. The purpose of the loan is financing innovative, modern and energy-efficient projects of small and medium business. JSC"Spurt" — is a universal, regional and commercial bank, the shareholders of which are the largest enterprises of the gas and petrochemical industries…  Read more
IIB provided a loan to Transcapitalbank

IIB provided a loan to Transcapitalbank

On January 28, 2013 International Investment Bank provided a EUR 20 million loan to Transcapitalbank. The loan maturity is five years within the framework of the International Finance Corporation (IFC) joint program (http://www.iibbank.org/ru/news/191) of the support of the initiatives of the Russian small and medium enterprises in the sphere of energy-efficient technologies and the usage of renewable power sources. Such…  Read more