IIB visits Industrial Development Bank of Turkey

February 26, 2015

At the invitation of the Industrial Development Bank of Turkey (TSKB), IIB’s delegation visited the bank’s headquarters in Istanbul on February 25. TSKB is one of the strategic banks of the Turkish financial system and is a unique privately owned development institution, which also invests into the country’s economy through the support of both the public and private sectors, including SMEs. The Bank also acts… Read more

IIB’s visit to Slovakia confirms the country’s stance as a key supporter of the Bank

February 20, 2015

On February 19, the delegation of the IIB led by the Chairman of the Board, Nikolay Kosov, visited Slovakia in order to bring the Slovak delegation up to date on the current developments at the Bank as well as on its plans for the near future. Slovakia has been one of the leading member states of the Bank in terms of the support it has been providing and it remains a key member state also from the… Read more

Fitch confirms IIB’s supranational status and improves its outlook to Stable

February 18, 2015

After placing the International Investment Bank on Rating Watch Evolving (RWE) in mid-January 2015, Fitch Ratings has now affirmed the investment grade credit rating of the Bank at BBB-, improving its outlook to Stable. As indicated by Fitch in its press release, the main reason behind the decision are the improvements of the intrinsic features of the Bank, having been overhauled and strengthened over the past two years. This conclusion has been… Read more

IIB prepares to celebrate the 70th anniversary of the United Nations

February 16, 2015

The Chairman of the Board of the International Investment Bank, Nikolay Kosov, participated in the meeting of the Russian Public Committee UN70 to celebrate the 70th anniversary of the UN in the Russian Federation. The meeting took place on February 13 in the House of Receptions of the Ministry of Foreign Affairs, led by the Chairman of the United Nations Association of Russia, the Rector of the Moscow State… Read more

Moody’s assigns A3 rating to IIB’s bonds

February 6, 2015

IIB’s 03 series bonds, issued by the Bank on December 2, 2014 in the total amount of RUB 4 billion and with a put option in June 2015, have been assigned an A3 rating by Moody’s Investors Service today. The rating mirrors that, assigned to the Bank in August 2014. In August 2014, the International Investment Bank became the first financial institution with headquarters in the Russian Federation, which obtained such… Read more

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