Discussions on DFIs compliance risks at IIB’s Bratislava conference

December 6, 2017

One of the integral features of modern development financial institutions (DFIs) is the application in work of regulated and constantly updated compliance procedures.This allows DFIs to remain transparent to shareholders and effectively combat prohibited practices, such as fraud, corruption and conflicts of interest, anti-money laundering and combating the financing of terrorism (AML/CFT). The issues of compliance risks related to the DFIs activities and ways for their decrease took cente… Read more

Fitch improves the outlook on IIB’s rating to positive from stable

December 4, 2017

On December 4th 2017, Fitch Ratings increased the outlook on IIB’s long-term IDR’s to positive and affirmed IIB’s BBB issuer and debt ratings. According to Fitch’s official statement, the positive change of outlook was a result of “the continuing diversification of the bank’s operations in Central and Eastern Europe, the further strengthening of risk management policies and the improvement of the business environment”. The report also praised the full implementation of IIB’s 2013-2017… Read more

Romanian Stockbrokers’ Association recognizes IIB’s achievements in contributing to the development of the Romanian Stock Market

November 24, 2017

Last night at the 2017 Romanian Capital Market Awards Gala the Deputy Chairman of the IIB Board, Mr. Jozef Kollár, was honoured to receive the award in the nomination “For Outstanding Achievement in Developing the Corporate Bond Market of Romania.” “It is an honour to receive recognition for the IIB’s desire to create such a win-win opportunity – being first issuer to place quasi-eurobonds using the infrastructure of the Romanian market. We have a strong partner in the Romanian stock exchange,… Read more

Czech Presidents’ visit to Russia: IIB partakes in a dialogue between businessmen from both countries

November 23, 2017

President of the Czech Republic Miloš Zeman made an official visit to Russia from the 20th to the 24th of November, 2017. The largest delegation in the past 25 years, consisting of 140 businessmen out of the key industries of the national economy, accompanied the Czech leader. The International Investment Bank (IIB) representatives from both the headquarters and the European regional office (ERO) were invited to participate in the business-oriented events of the visit by the Czech party. Two… Read more

IIB successfully completed put option for ruble-denominated bonds series 04 for RUB 5 billion

November 21, 2017

On November 21, 2017, the International investment Bank (IIB) successfully completed the put option and secondary placement of ruble-denominated bonds series 04. The coupon rate for the IIB bonds series 04 is set at 8.15% per annum with put option in three years. The bondholders offered for the repurchase bonds worth RUB 1.27 billion from the issue’s total volume of RUB 5 billion. During the secondary placement all of the repurchased bonds were sold to new investors. The secondary… Read more

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