Cuban dialog at IIB

February 20, 2018

The central topic of talks between the Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation, Mr Gerardo Peñalver Portal, and members of the IIB’s Board focused on the current state and possible direction for development of the activities of the International Investment Bank (IIB) with Cuba. The head of Cuban diplomatic mission, appointed to this position earlier this year, paid a working visit to the IIB’s headquarters on 20 February 2018. The… Read more

IIB joins “Project Finance Factory”

February 16, 2018

Operations related to the “Project Finance Factory” got under way at a Russian investment forum in Sochi on February 15, 2018. The initiative involves extending loans to borrowers in Russia with a state-subsidized rate on the basis of syndicated loan agreements. The “Project finance Factory” is a mechanism developed at the initiative of the Russian Ministry of Economic Development jointly with Vnesheconombank (VEB), which will act as the operator and organizer of the syndicated loan… Read more

IIB published its audited IFRS results for 2017, decreasing publication period by one month: financial stability, development and diversification of credit and investment portfolio, significant improvement in quality of treasury assets

February 15, 2018

The International Investment Bank (IIB) published its IFRS audited results for 2017 on the 15th February 2018. A year ago, the IIB introduced a new information system for accounting and reporting, which has allowed the bank to issue its financial reports in a much reduced period of time. The time period which it takes the IIB to issue its reports is one of the fastest in comparison with the market per se, including international organizations. The IIB’s report for the year 2017 confirms an… Read more

Third international rating agency placed IIB’s rating on positive outlook over the past 12 months

February 7, 2018

The leading international rating agency of China, Dagong Global Credit Rating Co., Ltd., became the third international rating agency to place the International Investment Bank’s (IIB) rating on positive outlook over the past 12 months. The outlook on the IIB’s rating, which now stands at A positive, was increased owing to improving economic conditions across the IIB’s member states, increased operating efficiency namely through diversification and improved risk management. Chief Economist of… Read more

How can we help the Planet’s ‘second lungs’ breathe easier? The answer was given at an environmental awareness workshop held jointly by IIB and Wetlands International

February 5, 2018

The workshop entitled “Current Issues Related to the Preservation and Restoration of Wetland Resources” that was devoted to current topics concerning the preservation and restoration of marshlands of our planet, was held in Moscow on February 2, 2018 under the aegis of the IIB. This environmental awareness event was timed to coincide with World Wetlands Day, which is celebrated annually on February 2 pursuant to a decision of the Ramsar Convention’s Secretariat. The purpose and the goal of… Read more

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