Moody’s affirms IIB long-term credit rating at “A3”

May 18, 2020

Following rating affirmations from the Russian Analytical Credit Rating Agency (ACRA) and S&P Global earlier this month, on May 15, 2020 Moody’s Investors Service confirmed the long-term credit rating of International Investment Bank (IIB) at A3 with a stable outlook. The Agency points at the improvement in credit metrics of the institution amidst new challenges and heightened uncertainty caused by the COVID-19 pandemic outbreak. Improvement in asset quality and performance, diversification of… Read more

ACRA confirms top investment rating for IIB

May 8, 2020

According to the published press release, the Russian Analytical Credit Rating Agency (ACRA) affirmed IIB's international investment rating at the highest “A” level, as well as the national rating at AAA (RU). This is already a second rating action on the Bank from leading rating agencies since the beginning of the year. Earlier in late March, the international rating agency S&P Global also affirmed the long-term rating of International Investment Bank at “A-” level with a stable outlook. Read more

IIB successfully closes the order book for a new ruble bond issuance on the Moscow Stock Exchange

May 4, 2020

On 30th April, 2020 IIB held a successful book building for a new 3 year ruble-denominated issuance on the Moscow Stock Exchange. The Bank had taken an opportunity of a favorable market window following the recent decision of the Russian Central Bank to cut the key rate by 50 bps and once again tapped this market by closing the book for a RUB 7 bn bond under the registered programme with MSE. Benefiting from a strong demand with orders in excess of RUB 10 bn, IIB was able to significantly… Read more

International Investment Bank joins International Project Finance Association (IPFA) as an honorary member

April 28, 2020

International Project Finance Association is the largest non-profit association connecting 650 + members, which include public and private sector organizations involved in infrastructure and project financing in Africa, the Americas, Asia, Australia, Continental Europe, the Middle East, Nordic Region, Russia & the CIS, Turkey and the UK & Ireland. IPFA provides access to the global network of professionals with the opportunity to share best practice focusing on regional and sector specific… Read more

IIB executes its very first transaction under the newly registered MTN Programme

April 17, 2020

Following the recent registration and listing of its first MTN Programme on Dublin Euronext, on April 16, 2020 IIB executed its first transaction under the new framework, namely a 1-year RON 110 million private placement through Unicredit AG - one of the 6 dealers appointed under the MTN Programme. The operation was based on a strong demand from several Romanian asset managers that are very familiar with the IIB credit story in light of the Bank’s active role in development of the Romanian… Read more

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