IIB top management held a working meeting with representatives of the international audit and consulting company EY

May 22, 2019

On May 21, 2019, IIB top management held a working meeting with representatives of the international audit and consulting company EY, which was appointed as the Bank's auditor as a result of an international tender procedure. The company presented managers of EY Hungary, who will carry out ongoing cooperation with IIB after the relocation of the Bank’s headquarters from Moscow to Budapest. The IIB Chairperson of the Management Board Nikolay Kosov addressed the audience with a welcoming… Read more

IIB held a meeting of the Ambassadors’ Club

May 20, 2019

On May 20, 2019 in Moscow, International Investment Bank held a regular meeting of the IIB Ambassadors’ Club, which brought together the heads of diplomatic missions of the Bank's member states in Russia. As an honorary guest the event was also attended by Deputy Minister of Finance of the Russian Federation Sergei Storchak, who represents Russia on the IIB Board of Governors. The format of this regular meeting, established by IIB in 2013, implies a multilateral constructive dialogue on the… Read more

IIB provides financing for a new green energy project in the Slovak Republic

April 30, 2019

International Investment Bank (IIB) announces the signing of a loan agreement with Zvolenska Teplarenska a.s., that involves the provision of financing for a period of 15 years for the construction of a modern heat generating plant in Zvolen (the Slovak Republic). The funds allocated by the Bank will be used for construction of a greenfield thermal power plant operating on environmentally friendly fuel (biomass) and its high-tech equipment supply. Technical parameters of the power plant will… Read more

IIB grants another loan for agricultural sector in Romania

April 26, 2019

International Investment Bank (IIB) and Romanian Avicola Buzau SA have concluded a loan agreement for the period of 7 years providing financing for development and modernization of existing poultry processing production capacities, as well as construction of new ones. Avicola Buzau SA is a part of agricultural group AAylex, which in its turn is the largest poultry producer and exporter in Romania. The group is a vertically integrated agricultural holding performing a full cycle of production… Read more

IIB provides a new loan for support of Romanian small and medium-sized farms

April 23, 2019

International Investment Bank (IIB) granted a loan with a tenor of 7 years to the Romanian company Agricover Credit IFN SA aimed at the financing of the country's agricultural producers. Agricover Credit IFN SA is a part of the Agricover Holding, one of the largest traders of agricultural products in Romania, a leading supplier of materials for agricultural production, which also provides financial and insurance services for farmers. Agricover Credit IFN SA is the country's first and currently… Read more

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