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Meeting in Shanghai: IIB expands its cooperation with international development institutions

Meeting in Shanghai: IIB expands its cooperation with international development institutions

At the invitation of the Minister of Finance of the People's Republic of China (PRC), Mr. Xiao Jie, and the President of the New Development Bank (NDB), Mr. Kundapur Vaman Kamath, the Chairman of the Board of the International Investment Bank (IIB), Nikolay Kosov took part in the Annual Meeting of the NDB Board of Governors held on 28-29 May 2018 in Shanghai. The event, which was attended by high-level representatives of leading national and international financial institutions and development…  Read more
IIB – Czech Republic Dialogue

IIB – Czech Republic Dialogue

International Investment Bank (IIB) Chairman of the Board Nikolay Kosov visited Prague following an invitation from the Czech side. Bilateral meetings were held with the Finance Minister Alena Schillerová and Deputy Finance Minister Lenka Dupakova (Head of the Czech delegation at IIB). Parties discussed a wide range of issues related to IIB current activities, recapped on the Bank’s results of the first strategic cycle following the relaunch of IIB that started in 2012, as well as discussed…  Read more
IIB reconfirms its green focus at UNIDO Vienna Energy Forum

IIB reconfirms its green focus at UNIDO Vienna Energy Forum

At the Vienna Energy Forum (VEF), organized in mid-May by UNIDO in the capital of Austria,IIB voiced its growing focus on being increasingly greener as an institution, coupled with its ambition to be constantly expanding its “green portfolio” by supporting sustainable clean power generation projects, as well as energy saving and other environmentally friendly solutions . Since the first event in 2009, the VEF has become a leading global and multi-stakeholder forum mandated with providing a…  Read more
Moody’s Investors Services upgrades IIB to A3

Moody’s Investors Services upgrades IIB to A3

On April 30, 2018, Moody’s Investors Services took another positive action on International Investment Bank as it upgraded IIB’s long-term rating to A3 stable. The report states that, “the main drivers for the rating upgrade are IIB’s improvement in asset quality, more robust risk management systems, an increasingly diversified loan book and funding strategy and the strengthened credit quality of its treasury portfolio”. Moody’s underline that IIB’s new medium-term strategy will likely…  Read more
Partnership for Development: International Investment Bank hosts a reception in honour of a new Chairman of the Board of International Bank for Economic Cooperation Denis Ivanov

Partnership for Development: International Investment Bank hosts a reception in honour of a new Chairman of the Board of International Bank for Economic Cooperation Denis Ivanov

April 25, 2018. International Investment Bank (IIB) hosted a reception in honour of a newly appointed Chairman of the Board of International Bank for Economic Cooperation (IBEC) Denis Ivanov. Deputy Ministers for Foreign Affairs G. Karasin and A. Grushko, ambassadors extraordinary and plenipotentiary of IIB and IBEC member countries in Russia, high-level officials from international financial institutions, IIB partners and clients as well as IIB and IBEC management were all among guests of…  Read more