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

April 1, 2015

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

April 1, 2015

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

March 31, 2015

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

March 30, 2015

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

IIB published its IFRS statements for 2014

March 26, 2015

International Investment Bank rated Baa1 by Moody’s, BBB- by Fitch, both outlooks stable, published its IFRS statements for 2014. The statements were audited by Ernst & Young Vneshaudit, an independent auditor. While the year 2013 was a «Year of Reform» at the International Investment Bank, 2014 can easily be assessed as a «Year of Expansion». According to the Bank’s just published financial statements,… Read more

News