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

A meeting between the Chairman of the Board of the IIB Nikolay Kosov and the Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to the Russian Federation H.E. P. Priputen took place in the IIB’s headquarters on March 25, 2015. The parties exchanged their views on the current situation with regard to the Bank’s activities in Slovakia. Amongst other issues the following specific projects were discussed: finance for industrial holding Tatravagónka under a joint project with Russian…  Read more

Head of the International Investment Bank told the RBCC Bulletin — the Russo-British Chamber of Commerce periodical — about changes in the Bank during the past two years as part of the implementation of the strategy of its transformation into a modern development institution, as well as about the Bank’s results in 2014 and plans for 2015. The IIB and the RBCC have a long-standing business relationship; the…  Read more

Rating agency Moody’s Investors Service yesterday changed the rating of the International Investment Bank from A3 to Baa1 for the first time since its initial assessment of the IIB in August 2014, keeping its outlook at stable. Moody’s cited as the main rationale behind this decision the worsening growth prospects of Russia, downgraded by the agency three times between August and present (October 2014, January 2015 and February 2015; currently…  Read more

Today, at another meeting of the Government of the Slovak Republic, the Ministry of Finance of the Slovak Republic presented a proposal to open a regional office of the International Investment Bank in Bratislava, in line with the decision of the 102nd IIB Council Meeting (Bulgaria, November 2014). The proposal was approved by the members of the Slovak Government, and the leadership of the Ministry of Finance…  Read more