The European Investment Fund (EIF), together with the Development Bank of Austria (OeEB, administering investment for the Austrian Ministry of Finance), the Czech-Moravian Guarantee and Development Bank (ČMZRB), the SZRB Asset Management (SZRB AM, asset management subsidiary of the Slovak Guarantee and Development Bank), the Slovene Enterprise Fund (SEF) and the International Investment Bank (IIB), launched a regional fund-of-funds initiative focused on boosting equity investments in Austria,…  Read more

The government of Mongolia has increased its share in the paid-in capital of the International Investment Bank (IIB) to 1.077%. An additional contribution of over EUR 1,900,000 was credited to the Bank’s account on December 27. The decision to grow capital was adopted by Mongolia in furtherance of the Bank’s new development strategy for 2018-2022. As a result of this payment, Mongolia’s share rose five-fold to EUR 3.39 million. This move came less than a month after the 108th Meeting of the…  Read more

The Director of the Treasury Operations in the International Investment Bank (IIB), Ventsislav Stefanov and his Deputy, Igor Fufaev were awarded with medals of distinction of employees in the financial and banking sector of Mongolia. According to the Order No. Б-191 issued by the President of the Central Bank of Mongolia (MONGOLBANK) N. Bayartsaikhan, the representatives of the Treasury were awarded an order of distinction “for their efforts in developing cooperation between Mongolian Banks and…  Read more