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Statement of International Investment Bank

Statement of International Investment Bank

US sanctions imposed against IIB - a multilateral development institution - threaten legitimate interests of its clients, partners and counterparties. With deep regret, IIB states that currently, because of the imposed US sanctions, it has been deprived of the possibility to fulfil obligations to its counterparties. Nevertheless, the Bank has accumulated enough financial resources and assets to honour commitments towards its partners in full. IIB has already begun to contact…  Read more
IIB pays back its RUB issue

IIB pays back its RUB issue

On March 10, 2023 International Investment Bank redeemed its one of the largest in volume RUB denominated bond issue in the amount of 7 bn rubles. Since 2014, IIB has been an active issuer on the Russian debt market, with listing on Moscow Stock Exchange and the redeemed issue was already the ninth in a raw. IIB issues enjoy the highest AAA (Ru) level of ACRA rating agency on domestic scale. IIB constantly adheres to the policy of strict and timely fulfilment of all its current obligations…  Read more
Statement of the IIB Management Board

Statement of the IIB Management Board

On February 17, 2023, a criminal hacker attack against International Investment Bank was carried out resulting in an unauthorized mass fake e-mail distribution on behalf of certain IIB officials. In cooperation with the law enforcement authorities of the host country, the Bank is currently undertaking all necessary measures to investigate this offense promptly, to identify the criminals and bring them to justice. During the course of investigation IIB refrains from any comment on this matter.  Read more
IIB Board of Governors meeting: important decisions and new perspectives

IIB Board of Governors meeting: important decisions and new perspectives

On January 30, 2023, a meeting of the Board of Governors of International Investment Bank was held in Budapest. The key topic of the meeting was the issue of restructuring of the IIB paid-in capital. As a result of the meeting International Investment Bank and the Government of the Russian Federation signed the Agreement, which provides for a gradual reduction in the country's share in the paid-in capital. The implementation of this decision leads to an automatic increase in the shares of…  Read more
International Investment Bank pays back its largest RON issue to Romanian investors

International Investment Bank pays back its largest RON issue to Romanian investors

On November 1, 2022 IIB redeemed RON 500 mln bonds with the coupon of 3,98 % p.a. for investors. This debt instrument was the largest in volume ever in RON denomination, in raw the fifth issued in 2019 in domestic format under the Romanian law, approved by local Supervision, and listed on the Bucharest Stock Exchange. Apart from above five bond issues, IIB placed five more series in RON denomination under its MTN Programme, showing high recognition of the Bank among Romanian institutional…  Read more