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Working meeting of the First Deputy Prime Minister - Minister of Finance of the Russian Federation A. Siluanov and Chairman of the Board of the IIB N. Kosov

Working meeting of the First Deputy Prime Minister - Minister of Finance of the Russian Federation A. Siluanov and Chairman of the Board of the IIB N. Kosov

Nikolay Kosov, Chairman of the Board of the International Investment Bank (IIB) and Anton Siluanov, First Deputy Prime Minister, Minister of Finance of the Russian Federation, held a bilateral working meeting on current and future activities of the IIB. Mr. Kosov presented the interim results of the Bank’s operations for the past period of 2018, the outcome of IIB’s full-scale reform and the outlook of its future operations reflected in the ambitious Strategy of the International Investment…  Read more
IIB assists partner financial institutions in professional training

IIB assists partner financial institutions in professional training

For the first time, International Investment Bank (IIB) awarded a diploma for successful completion of an advanced training course under the Trade Finance Support Programme (TFSP) to a representative of Bogd Bank LLC. The purpose of the Trade Finance Specialist Training Programme is to provide IIB’s assistance to banks of member states in creating and launching new trade finance products and programmes for SMEs on the market. The specialist training programme allows participants not only to…  Read more
Multilateral Development Banks met again at the IIB to discuss current challenges

Multilateral Development Banks met again at the IIB to discuss current challenges

At the invitation of International Investment Bank (IIB), representatives of major multilateral development banks, including the World Bank Group, European Bank for Reconstruction and Development, European Investment Bank, African Development Bank, Islamic Development Bank etc., gathered on 20 - 21 September, 2018 at the IIB headquarters, in Moscow, for the 18th annual «ALM and Risk Management Forum for MDBs». The Forum was attended by more than 50 managers and specialists in the field of risk…  Read more
IIB for the first time advises a documentary letter of credit in order to facilitate the import of Russian products to Vietnam

IIB for the first time advises a documentary letter of credit in order to facilitate the import of Russian products to Vietnam

International Investment Bank (IIB) for the first time provided support to a Vietnamese importer as part of the Trade Finance Support Programme (TFSP) by advising a letter of credit issued by Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to the exporter's bank, one of the Top Five Russian banks in terms of assets. As an intermediary bank that maintains partnership relations with a large number of financial institutions in its member states and third countries, IIB…  Read more
Towards convergence:  IIB and IBEC  shareholders discussed the future of the banks

Towards convergence: IIB and IBEC shareholders discussed the future of the banks

On September 13, 2018 in Varna (Republic of Bulgaria), the "Summit of 10 countries" - shareholders of the International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC) took place. The event sort of became symbolic in the newest history of both financial institutions: the shareholder countries had not met in such a format for over 10 years. Deputy Minister of Finance of the Republic of Bulgaria Marinela Petrova presided at the Summit. The main topic fo…  Read more