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IIB awarded for the development of international banking co-operation at the 30th Jubilee Conference of the BACEE

IIB awarded for the development of international banking co-operation at the 30th Jubilee Conference of the BACEE

Delegation of the International Investment Bank headed by IIB’s Chairman of the Board, Nikolay Kosov, participated in the 30th Jubilee Conference of the Banking Association for Central and Eastern Europe (BACEE), which took place in Budapest, Hungary on April 13−14, 2015. IIB formally joined the Association during its annual conference in October last year, thus becoming a member of the club that unites more than 30 financial institutions…  Read more
Romania among leading destinations for IIB’s investment as the Bank signs a Memorandum of Understanding with Romcab

Romania among leading destinations for IIB’s investment as the Bank signs a Memorandum of Understanding with Romcab

Today, during a visit of the IIB delegation to Bucharest, the Bank signed a Memorandum of Understanding with Romcab, a Romanian manufacturer of cables, electric conductors, power cords and electric wiring. The parties also signed a preliminary term sheet regarding a potential loan to the Romanian company, describing the structure of the transaction currently being reviewed by the Bank. The document reflects IIB’s intention…  Read more
International Investment Bank and Agricover Credit – a partnership to support development of Romanian farmers

International Investment Bank and Agricover Credit – a partnership to support development of Romanian farmers

International Investment Bank (IIB) has signed today an agreement with Agricover Credit IFN covering the granting of a loan facility worth EUR 10 million. Tenor of the loan is seven years with a two-year grace period. The funds will enable Agricover Credit to provide farmers with affordable and competitive credit solutions for the funding of working capital as well as investment loans designed to support agribusiness development. «The…  Read more
International Investment Bank and Bulgarian Development Bank are to jointly finance business projects

International Investment Bank and Bulgarian Development Bank are to jointly finance business projects

International Investment Bank (IIB) and Bulgarian Development Bank (BDB) are beginning to co-finance projects of Bulgarian businesses. Vladimir Liventsev, Deputy Chairman of the IIB Board, and Bilian Balev, Deputy Chairman of the BDB Board, today signed a Memorandum of Cooperation between the two financial institutions. The document governs the granting of syndicated loans to companies in Bulgaria, which want to develop their business and…  Read more
IIB’s global outreach expands as its delegation participates in the 2015 IDB-IIC Annual Meeting

IIB’s global outreach expands as its delegation participates in the 2015 IDB-IIC Annual Meeting

The 2015 Annual Meeting of the Board of Governors of the Inter-American Development Bank and the Inter-American Investment Corporation that took place on March 26−29 in Busan, the Republic of Korea, provided the delegation of the International Investment Bank, headed by the Deputy Chairman of the Board, Vladimir Liventsev, with an additional opportunity to expand its presence in two of its regions — Asia and Latin…  Read more