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Bulgaria Capitalizes International Investment Bank

Bulgaria Capitalizes International Investment Bank

The Government of Bulgaria has officially approved the increase of the paid-in capital of the International Investment Bank. In accordance with its share, Bulgaria will transfer EUR 12,36 million to the capital of IIB. The given funds will be taken into consideration in the state budget for 2014. As was noted by Bulgarian authorities, this decision is aimed at «the growth of activity of the Bank and the increase…  Read more
International Investment Bank Finances Leasing in Romania

International Investment Bank Finances Leasing in Romania

International Investment Bank and Romanian leasing company BT Leasing Transilvania IFN S.A. (BT Leasing) signed a loan agreement. According to the document the IIB extends a credit line in amount of EUR 10 million for a period of 5 years. The loan facilities will be used to finance leasing programs for Romanian small and medium-sized enterprises. Among the main branches for financing are cargo and passenger services, food industry and…  Read more
IIB Adopts the Principles of the Loan Policy

IIB Adopts the Principles of the Loan Policy

The Council of the International Investment Bank has adopted the Basic Principles of the IIB’s Credit Policy. This basic statutory document regulates the loan activity of the Bank. The act of adoption consolidates the principles, which were formulated in the renewed strategy of the development of the IIB and which are being consistently implemented throughout the current year. The given document contains the list of the financial services offered…  Read more
IIB’s Head Gave a Speech at the Conference on the Threshold of the “G20” Summit

IIB’s Head Gave a Speech at the Conference on the Threshold of the “G20” Summit

The Delegation of the International Investment Bank headed by the Chairman of the Board Nikolay Kosov took part in an international conference «Long-term investments — is a guarantee of stable growth», held in Moscow on July 17−18, and organized at the initiative of the Russian institution for development Vnesheconombank. The event was organized under Russian Federation presidency in «G20″ on the…  Read more
International Investment Bank. Results and prospects.

International Investment Bank. Results and prospects.

The first half of 2013 has become the most important and life-changing period for the International Investment Bank for the past quarter of the century. The program of transformation and re-launch of the Bank has almost been completed within these six months, which lays the foundation for the multilateral institution for development, which the Bank is about to become. First of all, that continuous era of 'lacking idea' is over as the Bank…  Read more