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IIB published its IFRS statements for 2014

IIB published its IFRS statements for 2014

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
IIB’s first trade finance deal with Hungary

IIB’s first trade finance deal with Hungary

As part of the first trade finance deal with Hungary on March 25, 2015, the International Investment Bank supported export of equipment from Hungary to the Russian Federation. The IIB issued an irrevocable reimbursement undertaking by the order of JSC «NBD-Bank» in favour of K&H Bank ZRT (Hungary). In the beginning of March 2015, the IIB issued its first trade finance deal by the order of JSC «JSSB Belarusbank» in favour of Československá obchodní banka, a.s., supporting export from the Czech…  Read more
IIB implements principles of the UN Global Compact

IIB implements principles of the UN Global Compact

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
Newly appointed Ambassador of the Slovak Republic to the Russian Federation H.E. P.Priputen visited IIB’s headquarters

Newly appointed Ambassador of the Slovak Republic to the Russian Federation H.E. P.Priputen visited IIB’s headquarters

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
IIB’s Chairman of the Board Nikolay Kosov gives an interview to the RBCC Bulletin

IIB’s Chairman of the Board Nikolay Kosov gives an interview to the RBCC Bulletin

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