For the first time ever, the conference of the Multilateral Development Banks (MDB) "IFRS-9 for Multilateral Development Banks" took place in Moscow dedicated to the improvement of global practices of financial reporting and the implementation of the new IFRS-9 standard. The event was organized by the IIB with the support from S&P Global and Finastra: a Multilateral Development Bank, a rating agency and one of the leading companies in the area of innovative financial technologies. The…  Read more

As a part of the strategic development of its shareholders’ energy sector, the International Investment Bank (IIB) issued a EUR 60 million loan to the Slovak Slovenské elektrárne, a.s. for a 7-year period. The IIB’s bid came as the most favorable out of an international tender of the borrower. Slovenské elektrárne, a.s. is the largest energy company in Slovakia which focus on the production and sale of the electricity and heat. At the moment, the deal is the largest, flagship investment…  Read more

On September 28-29, 2017, representatives of major multilateral development banks (MDBs), including AIIB, BSTDB, EIB/EIF Group, EDB, NDB, Islamic Development Bank, African Development Bank and a number of other financial institutions will gather in Moscow at the invitation of the International Investment Bank (IIB) to discuss the issues of effective credit risk management at supranational level through the unification and effective implementation of IFRS-9. The discussion will be on the…  Read more

Within the context of strengthening relations with the United Nations Industrial Development Organization (UNIDO), the delegation of the International Investment Bank (IIB) participated as a special guest in the high-profile international conference Bridge for Cities: the Belt & Road Initiative - the Developing Green Economies for Cities, jointly organized by UNIDO and the Financial Center for South-South Cooperation by the end of September. More than 300 representatives of the international…  Read more