The IIB: a syndicated loan for Mongolia

November 12, 2012

The International Investment Bank has made a decision to participate in a syndicated loan for the Mongolian Xac Bank. The IIB will grant the loan together with the European Bank for Reconstruction and Development. The total bank credit will amount to USD 30 million (with IIB’s share of USD 8 million). The loan will be provided for a term of three years. One of the largest Mongolian banks, Xac Bank is the leader both in financing… Read more

IIB delegation visited the State Bank of Vietnam

November 5, 2012

On November 6 the IIB Chairman of the Board Nikolay Kosov visited the State Bank of Vietnam where he had a meeting with its Head Mr. Nguen Vagn Bign. The IIB Head was visiting the country as part of the Chairman of the Government of the Russian Federation Dmitry Medvedev’s state visit to Vietnam. Mr. Bign congratulated Nikolay Kosov on his appointment as the Head of the IIB, emphasized the important role the Head… Read more

International Investment Bank and Eurasian Development Bank expand cooperation

October 30, 2012

The Chairman of the Board of the IIB Nikolay Kosov and Chairman of the Board of the EABR Igor Finovenov have coducted negotiations in Moscow. During the talks the parties discussed the realization of the Memorandum of cooperation between IIB and EABR, signed earlier this year; they also agreed to foster closer cooperation in the financial markets and developed a strategy directed at strengthening the economic relations between the membe… Read more

Meeting at IIB — Mongolian perspectives

October 26, 2012

The Chairman of the Board of the International Investment Bank Nikolay Kosov has met with Doloonjin Idevkhten, Ambassador Extraordinary and Plenipotentiary of Mongolia in the Russian Federation. Nikolay Kosov told the Ambassador about the measures undertaken within the framework of the realization of IIB’s development strategy and its transformation into a regional development bank. In particular, Mr. Kosov mentioned transitioning from project-based… Read more

The head of IIB Nikolay Kosov has made a speech at Russia Talk 2012

October 26, 2012

The IIB Chairman of the Board Nikolay Kosov delivered a speech in the Kremlin during the gala dinner which took place at the Russian-British investment forum Russia Talk 2012. Mr. Kosov thanked His Royal Highness Prince Michael of Kent for his participation in the forum and pointed out the contribution of the Prince into the development of the Russian-British cooperation in economy, culture, and charity. Nikolay Kosov underlined the important role… Read more

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