The IIB’s new “green financing” project: the Bank is providing support for exports of high-tech equipment to Armenia for small hydropower plants from Bulgaria.

July 9, 2018

Moscow, 9 July 2018 The International Investment Bank has been actively supporting the delivery of hydroturbine equipment for small hydropower plants from Bulgaria to Armenia. The equipment is supplied by major European manufacturer of high-tech hydropower equipment - VAPTECH (Bulgaria). In March 2018, the IIB entered into a framework agreement on the implementation of trade finance transactions with Ardshinbank Closed Joint-Stock Company (Armenia), which joined the Bank's Trade Finance… Read more

IIB enhances dialog with partner development banks: the Bank’s delegation takes part in the proceedings of the Annual Meeting of BSTDB Board of Governors and a business forum

July 5, 2018

Sochi, 2 July 2018 At the invitation of the Chairman of the Management Board of the Black Sea Trade and Development Bank (BSTDB) Mr. Ihsan Delikanli, a delegation of the International Investment Bank (IIB) headed by Deputy Chairman of the Board Ms. Rumyana Kyuchukova took part in the proceedings of the Annual Meeting of the Board of Governors of the BSTDB, which was held in Sochi (Russia) on 1-2 July as well as a business forum on the sidelines of the meeting. This year, Russia hosted and… Read more

Aiming at convergence: IIB delegation Participates in the IBEC Council Meeting

July 2, 2018

Bratislava, 28.06.2018 For the first time in the past ten years the delegation of the International Investment Bank (IIB) headed by the Chairman of the Board Nikolay Kosov took part in the Council Meeting of the International Bank for Economic Cooperation (IBEC) in Bratislava (Slovak Republic) on June 27-28, 2018. One of the key topics of the event was the concept of IBEC’s further development. Council Meeting participants exchanged views on a possible integration of IBEC and IIB baring… Read more

High-level strategic decision: First step taken towards establishment of IIB European Unit in Budapest

June 18, 2018

Budapest, 18.06.2018 Following the invitation of the Government of Hungary the delegation of the International Investment Bank headed by Chairman of the Board Nikolay Kosov visited the Hungarian capital with the purpose of bilateral consultations with the Deputy Prime Minister Mihály Varga as well as participation in the signing ceremony of the Memorandum of understanding between Hungarian Government and IIB. Conclusion of the document serves as one of the initial steps towards practical… Read more

IIB has joined the MFI Working Group on Environmental and Social Standards

June 13, 2018

On May 29-31, Head of the direction of Compliance Department of the International Investment Bank, Roman Senin, took part in the meeting of the Multilateral Financial Institutions’ Working Group on Environmental and Social Standards (MFI-WGESS). MFI-WGESS is one of the key expert platforms of MFIs on issues of responsible financing and the management of sustainable development, meetings of which are held twice a year. The Working Group focuses on the practical issues of developing and… Read more

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