IIB’s paid-in capital increases with Hungary’s contribution

July 29, 2015

Today, Hungary’s contribution to the paid-in capital of the IIB increased to EUR 30 million, bringing the country’s share to 9.91% and the total paid-in capital of the Bank to EUR 302.6 million. Presently, the member states' shares are as follows: Russia — 49.58%, countries of the European Union (Bulgaria, Czech Republic, Hungary, Romania, Slovakia) — 47.09%, Asian countries (Mongolia, Vietnam) — 1.56%,… Read more

IIB signs a syndicated loan agreement on financing the Sofia Urban Mobility Centre

July 28, 2015

The International Investment Bank took part in syndicated lending to the Sofia Urban Mobility Centre (SUMC) in Bulgaria — a subsidiary of the Sofia Municipality, responsible for the organisation of public transport, with the total sum of the credit line corresponding to approximately EUR 41.5 million. The agreement was signed by the IIB, the Bulgarian Development Bank — the organiser of the syndication — and the… Read more

IIB’s first trade finance deal with Belagroprombank, supporting Czech export

July 15, 2015

The IIB is further developing its trade finance operations, having issued another deal supporting Czech export by the order of JSC Belagroprombank in favour of Československá obchodní banka, a.s. Thus, the Bank supported export from the Czech Republic to the Republic of Belarus of a manufacturing line for processing of animal waste by one of the largest European producers of machinery and equipment in this field, Czech exporte… Read more

BRICS and SCO summits - IIB continues to develop its partnership network

July 13, 2015

On July 8−10, BRICS and SCO summits took place in Ufa, Russia, organised together under the presidency of the Russian Federation. Apart from BRICS' development banks, such as Vnesheconombank, Brazilian BNDES, and the Development Bank of China, some of the largest development institutions in the world, IIB’s representatives also participated in the associated events together with other representatives of multilateral development banks. Read more

IIB’s reform close to completion as Romania signs the Bank’s new statutory documents

July 1, 2015

Today, at the headquarters of the International Investment Bank, Attila Gyorgy, State Secretary of the Ministry of Public Finance of Romania and the head of the Romanian delegation in the IIB Council, signed the Protocol Amending the Agreement Establishing the IIB and its Charter — effectively the new statutory documents of the Bank. The signing ceremony was attended by diplomatic representatives of IIB member states in Moscow. Read more

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