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World Bank and International Investment Bank Foster Collaboration

World Bank and International Investment Bank Foster Collaboration

The International Bank for Reconstruction and Development (IBRD) and the International Investment Bank (IIB) have launched the implementation of a Memorandum of Understanding (MoU) to set the framework for collaboration between the two development institutions in the broad areas of development finance, financial management, and corporate governance. The MoU was signed by Laura Tuck, World Bank Vice President for Europe and Central Asia, and Nikolay Kosov,…  Read more
IIB’s Year of Asia in full motion as the Bank participates in the Annual Meeting of the ADB in Baku

IIB’s Year of Asia in full motion as the Bank participates in the Annual Meeting of the ADB in Baku

Continuing to expand its network of partners in Asia and the Pacific, on May 2−5 IIB’s delegation, headed by Thinh Thi Hong, Deputy Chairman of the Board, took part in one of the most important annual development finance events in the region, the Annual Meeting of the Asian Development Bank in Baku, Azerbaijan. The event was accompanied by a number of seminars and opportunities for knowledge-sharing and networking.  Read more
IIB continues to grow, having closed order book for ruble bonds in the total amount of RUB 3 billion

IIB continues to grow, having closed order book for ruble bonds in the total amount of RUB 3 billion

On April 29, 2015, the IIB successfully issued series 02 bonds in the total amount of RUB 3 billion. This has already been the fourth placement of IIB’s bonds, also known as «mibovki» in Russia, on Russian and European markets in a year’s time. Therefore, the Bank has now issued almost EUR 200 million of bonds. The IIB continues to implement its strategy of borrowing on its member states' local debt capital…  Read more
Cuban agreements

Cuban agreements

On April 18, business talks were held in the residence of the Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation, H.E. Emilio Lozada Garcia, between the delegations of the International Investment Bank, headed by the Chairman of the Board, Nikolay Kosov, and of the Republic of Cuba, headed by the Vice-President of the Council of Ministers, Ricardo Cabrisas Ruiz. The meeting was…  Read more
International Investment Bank and Slovak Republic sign the Agreement concerning the opening of the IIB European Regional Office in Bratislava

International Investment Bank and Slovak Republic sign the Agreement concerning the opening of the IIB European Regional Office in Bratislava

The International Investment Bank (IIB) and the Slovak Republic have today signed the Agreement between the Slovak Republic and the International Investment Bank concerning the establishment of an office of the International Investment Bank in the Slovak Republic. The Agreement was signed by Nikolay Kosov, Chairman of the IIB Board, and Vazil Hudák, State Secretary of the Ministry of Finance of the Slovak Republic, on behalf of the Slovak…  Read more