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IIB guarantees supply of power equipment from Slovakia to Cuba

IIB guarantees supply of power equipment from Slovakia to Cuba

The International Investment Bank (IIB) continues to ramp up its guarantee portfolio supporting trade and economic cooperation among IIB’s member-states. On May 23, 2017, on behalf of SLOVENSKE ENERGETICKE STROJARNE (SES) Tlmace - the leading Slovak manufacturer of boilers for power plants - IIB issued an irrevocable bank guarantee in favor of the Export-Import bank of the Slovak Republic (EXIMBANKA SR) for an amount of EUR 8 million for 2 years. The guarantee was issued as part of the…  Read more
Representatives of the IIB took part in panels sessions, and meetings at the 21st St. Petersburg International Economic Forum (SPIEF)

Representatives of the IIB took part in panels sessions, and meetings at the 21st St. Petersburg International Economic Forum (SPIEF)

Georgy Potapov, Managing Director “Strategy and Policy”, and Alan Thompson, Director of the Department for International Financial Integration, took part in a number of events, panel discussions and multilateral meetings at the 21st SPIEF from 31st – 3rd of June 2017. Georgy Potapov shared IIB’s experience and positive case studies in a session titled “Strengthening International Ties for SME’s between Russia and Latin America and countries of the Caribbean” that was organized by UNIDO (the…  Read more
New medium-term strategy and the 107th Council – agenda of IIB member states’ ambassadors meeting

New medium-term strategy and the 107th Council – agenda of IIB member states’ ambassadors meeting

The issues of the strategic development of the International Investment Bank (IIB) for the medium-term period until 2022 and the preparation for the upcoming 107th Meeting of the Council of the Bank were among the agenda items of the regular meeting of the IIB member states Ambassadors Club, which took place on May 22, 2017. This now traditional event was attended by the heads of diplomatic missions of the Bank's shareholder states in Moscow, the First Deputy Minister of Foreign Affairs of the…  Read more
Trade Finance Support Programme of the IIB named the best in the Asia-Pacific region

Trade Finance Support Programme of the IIB named the best in the Asia-Pacific region

The Trade Finance Support Programme (TFSP) of the International Investment Bank (IIB) was named as the best in 2017 according to the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). The IIB delegation led by the Deputy Chairman, Jozef Kollár, participated in the awards ceremony for the winners of the ADFIAP Awards 2017, which was held on May 10, 2017, as a part of the events of the 40th ADFIAP Annual Meeting in Macao, China. The IIB was competing with othe…  Read more
Moody’s Investors Service changed the rating outlook on IIB to positive from stable

Moody’s Investors Service changed the rating outlook on IIB to positive from stable

On May 5th, 2017, Moody’s Investors Service changed the rating outlook on the International Investment Bank (IIB) to positive from stable and affirmed the IIB’s Baa1 issuer and debt ratings. According to the Moody’s official statement, change of the outlook was due to the following main drivers:“the increased diversification of the IIB’s loan portfolio and the maintenance of relatively strong asset quality”, “the improved credit quality of the IIB’s treasury portfolio” and “the increased…  Read more