The International Investment Bank and VTB Bank signed an agreement on cooperation. The memorandum was signed by President and Chairman of the Management Board of VTB Andrey Kostin and Chairman of the Board of IIB Nikolay Kosov. VTB and IIB are going to participate in syndicated lending of investment projects, arrange trade financing, including financing as part of intergovernmental programs. The banks agreed on cooperation…  Read more

The Republic of Hungary is going to consider the possibility of rejoining the International Investment Bank. These plans were announced by the Minister of National Economy of Hungary Gyorgy Matolcsy in his letter to the Chairman of the Board of IIB Nikolay Kosov. Mr. Matolcsy supported the steps that IIB is taking in order to transform the Bank into a modern, efficient financial institution. The Minister especially marked…  Read more

The delegation of the International Investment Bank visited the Embassy of the Slovak Republic in the Russian Federation, where the delegation held a meeting with Jozef Migas, the Ambassador Extraordinary and Plenipotentiary of the Slovak Republic in the Russian Federation. Nikolay Kosov, the Chairman of the Board of the International Investment Bank made a report on the implementation of the program aimed at the reorganization…  Read more

The First Deputy Chairman of the Bank of Russia Alexey Ulyukaev took part in the extended meeting of the Board of the International Investment Bank. The top-managers of the IIB presented to Mr. Ulyukaev the revised concept of the Bank’s development along with its implementation plan as well as the results of the Bank’s performance in 2012. In recent years Mr. Ulyukaev has held senior positions in the Ministry…  Read more

Last autumn set the beginning of the new stage in the development of the Bank. The goal is to build a modern institution of development as a part of IIB. The given institution will be oriented at financing SMEs and supporting economic cooperation of the member states. In November 2012 the Council of the Bank unanimously approved the renewed development strategy of the IIB. In order to implement the given…  Read more