IIB for the first time advises a documentary letter of credit in order to facilitate the import of Russian products to Vietnam

September 20, 2018

International Investment Bank (IIB) for the first time provided support to a Vietnamese importer as part of the Trade Finance Support Programme (TFSP) by advising a letter of credit issued by Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to the exporter's bank, one of the Top Five Russian banks in terms of assets. As an intermediary bank that maintains partnership relations with a large number of financial institutions in its member states and third countries, IIB… Read more

Towards convergence: IIB and IBEC shareholders discussed the future of the banks

September 19, 2018

On September 13, 2018 in Varna (Republic of Bulgaria), the "Summit of 10 countries" - shareholders of the International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC) took place. The event sort of became symbolic in the newest history of both financial institutions: the shareholder countries had not met in such a format for over 10 years. Deputy Minister of Finance of the Republic of Bulgaria Marinela Petrova presided at the Summit. The main topic fo… Read more

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó visited the IIB Headquarters

September 18, 2018

Within the framework of the official visit of the Prime Minister of Hungary Viktor Orbán to the Russian Federation, a working meeting between the Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and the Chairman of the International Investment Bank Board Nikolay Kosov was held at the IIB Headquarters. Nikolay Kosov presented the international team of top managers of the Bank to the high-level guest, spoke about main scopes of IIB activities in Central and Eastern Europe in… Read more

IIB AND VIETNAM: HIGH LEVEL MEETING

September 11, 2018

A trilateral working meeting between member of Politburo, Secretary of the Central Committee, Head of Communist party of Vietnam economic section Mr. Nguyen Van Binh, Chairman of the Board of the International Investment Bank (IIB) Nikolay Kosov and Chairman of the Board of the International Bank for Economic Cooperation (IBEC) Denis Ivanov took place within the framework of official events of the State visit of Secretary-General of the Central Committee of the Communist Party of Vietnam, Nguyen… Read more

INTERNATIONAL INVESTMENT BANK AND SAIGON – HANOI COMMERCIAL JOINT STOCK BANK HAVE REACHED AN AGREEMENT ON COOPERATION

September 10, 2018

International Investment Bank (IIB) and one of the largest Vietnamese commercial banks, Saigon-Hanoi Commercial Joint Stock Bank have concluded a Memorandum of Understanding. The signing of the document took place on September 6, 2018 in Sochi in the presence of the President of the Russian Federation Vladimir Putin and Secretary-General of the Central Committee of the Communist Party of Vietnam, Nguyen Phu Trong within the framework of the official visit of the Vietnamese leader to Russia. Read more

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