International Investment Bank has opened a credit line for the Bulgarian Development Bank in order to finance projects supporting small and medium-sized business in the Republic of Bulgaria. The given agreement was signed by the Chairman of the Board Nikolay Kosov and the Chief Executive Officer of BDB Assen Yagodin in Moscow. The ceremony was also attended by the Extraordinary and Plenipotentiary Ambassador of Bulgaria to the Russian…  Read more

On April 23 International Investment Bank (IIB) and SME Bank (Vnesheconombank Group) signed a Cooperation Agreement and a contract for extending a loan to SME Bank in the amount of EUR 10 million. The documents were signed by the IIB Chairman of the Board Nikolay Kosov and Chairman of the Board of SME Bank Sergey Kryukov. The funding will be directed at the development of SMEs financial support program, which…  Read more

Following the agreement with SME Bank the IIB signed a contract for providing a loan in the amount of EUR 10 million to Eximbank of Russia (ROSEXIMBANK) to finance foreign trade operations of the Russian companies. In line with the IIB’s new loan policy ROSEXIMBANK, as well as its analogues in other member states of the IIB, is a natural partner in developing national export oriented segments of industrial…  Read more

The delegation of the International Investment Bank paid a visit to Havana, the capital of Cuba, in the period from April, 18 to April, 20. Within the frames of the visit the delegation had meetings with the Vice-President of the Executive Committee of the Council of Ministers Ricardo Cabrisas Ruiz and the Minister-President of the Central Bank Ernesto Medina Villaveiran. Debt adjustment of Cuba with the IIB as well as the…  Read more

The General Manager of Export Insurance Agency of Russia (EXIAR) Petr Fradkov has visited the International Investment Bank. The meeting was dedicated to the prospects of cooperation between the Bank and the Agency, including the support of small and mid-sized business. The parties discussed concrete projects, which are now studied by the Agency, connected with Russian export to IIB’s member states, in particular to Vietnam, the Slovak Republic and…  Read more