IIB continues to support Vietnam’s financial sector: the Bank participated in a syndicated loan facility to VPBank Finance Company Limited, one of retail banking leaders in the country

December 28, 2020

International Investment Bank became one of the financial institutions to participate in a syndicated loan facility to a leading player of the Vietnamese retail banking market – VPBank Finance Company Limited. Allocated funds in the total amount up to USD 250 million will be utilized by the borrower for the purposes of comprehensive development of its core activities. VPBank Finance Company is a leader of the consumer finance sector of Vietnam with a market share reaching 50%. As at the middle… Read more

IIB Board of Governors summarizes results of the Bank’s activities in 2020 and sets a vector for further development

December 15, 2020

A third meeting of the Board of Governors of International Investment Bank took place on December 11, 2020. Taking into account current situation with the COVID-19 pandemic, the event occurred in an online format. The meeting was chaired by the Deputy Finance Minister of the Russian Federation Timur Maksimov, who was appointed as a Governor from Russia back in May. Addressing the high-level representatives of shareholder states Chairperson of the IIB Management Board Nikolay Kosov noted… Read more

"International Investment Bank seamlessly integrated into European environment" - IIB Chairperson Nikolay Kosov shared the highlights of the Bank's operations in 2020 with the Hungarian news agency MTI

December 11, 2020

The current year, which is a jubilee year for International Investment Bank, brought a lot of challenges and surprises for international financial system. Despite that, IIB celebrated its 50th birthday by continuing its operations in an efficient manner implementing provisions of its current strategy, reaching targets set out by shareholders, while fulfilling its mission and mandate. In turbulent market conditions, we put best efforts to turn existing challenges into additional development… Read more

Laetitia Arrenault appointed as Director of IIB Compliance Department

November 3, 2020

International Investment Bank announces the appointment of Ms. Laetitia Arrenault as the Director of Compliance Department. Ms. Arrenault has a long-term experience in international public and private finance, including previous employment with another multilateral development institution - the African Development Bank. At IIB Ms. Arrenault will be responsible for the development of the compliance system, control and mitigation of compliance risks, fraud and misconduct prevention,… Read more

ACRA affirms IIB long-term credit rating at the highest level

October 30, 2020

On October 28, 2020 Russian national credit rating agency ACRA affirmed long-term credit rating of International Investment Bank at “A” on an international and at “AAA” on a local scale. Among key factors contributing to the decision ACRA point out a high level of management, effectiveness of the strategy, transparency of the Bank’s operations, as well as its strong capital position, asset management levels, risk management system, liquidity and funding strategy. Continuous shareholde… Read more

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