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Slovak Republic to Make Contribution into the International Investment Bank Capital

Slovak Republic to Make Contribution into the International Investment Bank Capital

Slovak Republic is ready to make a contribution into the International investment bank capital in 2014. The Deputy Prime Minister and the Minister of Finance of the Slovak Republic Mr. Peter Kažimír informed the Bank management on this account in the official letter. In accordance with the relevant share of Slovakia in the capital its contribution will be EUR 6.3 million Therefore Slovakia (sovereign rating A+) became the second country…  Read more
Negotiations with the Minister of Finance of the Republic of Bulgaria

Negotiations with the Minister of Finance of the Republic of Bulgaria

During his visit to the Russian Federation Minister of Finance of the Republic of Bulgaria Petar Chobanov held a meeting with the senior management of the International Investment Bank. Nikolay Kosov briefed Mr. Chobanov on the main results of the current transformation of the Bank — modernization of the regulatory framework, readjustment of the old credit portfolio, implementation of the risk management system, list…  Read more
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