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

On March 16, the Chairman of the Board of the International Investment Bank, Nikolay Kosov, together with other representatives of the Bank, visited the headquarters of the Asian Development Bank in Manila, Philippines. This visit took place after a series of meetings with leading Chinese financial institutions in Beijing as part of a business mission of IIB’s management in Asia. The ADB as the leading development…  Read more

Delegation of the International Investment Bank, led by the Chairman of the Board, Nikolay Kosov, held a series of meetings with leading Chinese financial institutions in Beijing on March 12−13, 2015. The trip falls in line with the programme of events, planned by the Bank under its Year of Asia, launched earlier this year with the meeting of IIB’s Board with representatives of Korean banks. The discussions, which started…  Read more

Bulgarian delegation led by the Deputy Prime Minister and Minister of Labour and Social Policy, Ivailo Kalfin, visited the IIB headquarters on March 5. The delegation also included the Ambassador Extraordinary and Plenipotentiary of the Republic of Bulgaria to the Russian Federation, H.E. Boyko Kotzev, and employees of the Ministry and the Embassy. During the meeting, IIB’s Chairman of the Board, Nikolay Kosov, and other members of the Board…  Read more