International Investment Bank’s Chairperson of the Management Board Nikolay Kosov took part in the ceremony of overlap of Kem riverbed related to the construction of Bely Porog hydro power plants. Riverbed overlap is considered a procedure that gives start to new power plants, which will begin its full-scale operations in the first quarter of 2020 already. A long-term loan in the aggregate amount of 8,15 billion rubles (over 155 mln euros) for the implementation of this strategic renewable…  Read more

With a view to continuously promote the implementation of sustainable development principles and ensure environmental protection in member countries, International Investment Bank (IIB) announced allocation of a new grant facility for the implementation of an environmental project. Funds for 100 mln tugriks will be allocated to the Academy of Sciences of Mongolia for works related to studies and restoration of wetlands of the upper creek of the Tuula Gol river flowing in the central region of…  Read more

On March 23, 2015 the International Investment Bank published its first Communication on Progress — a public disclosure to stakeholders on progress made in implementing the principles of the United Nations Global Compact — the largest international voluntary initiative in the field of corporate social responsibility. Joining the UN Global Compact a year ago became an important milestone of the Bank’s…  Read more

The Chairman of the Board of the International Investment Bank, Nikolay Kosov, participated in the meeting of the Russian Public Committee UN70 to celebrate the 70th anniversary of the UN in the Russian Federation. The meeting took place on February 13 in the House of Receptions of the Ministry of Foreign Affairs, led by the Chairman of the United Nations Association of Russia, the Rector of the Moscow State…  Read more

International Investment Bank has joined the United Nations Global Compact — the largest international initiative in the field of sustainable development. It unites organizations, including leading international financial institutions (more than 10 thousand from 145 countries) taking leading positions in the field that promotes stable and open global economy and sustainable development. Such a decision was adopted by the management of the IIB.  Read more