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IIB  to allocate funds for environmental initiatives in Mongolia

IIB to allocate funds for environmental initiatives in Mongolia

With a view to continuously promote the implementation of sustainable development principles and ensure environmental protection in member countries, International Investment Bank (IIB) announced allocation of a new grant facility for the implementation of an environmental project. Funds for 100 mln tugriks will be allocated to the Academy of Sciences of Mongolia for works related to studies and restoration of wetlands of the upper creek of the Tuula Gol river flowing in the central region of…  Read more
The IIB Chairman of the Board congratulated IBEC on the occasion of the 55th anniversary of the bank

The IIB Chairman of the Board congratulated IBEC on the occasion of the 55th anniversary of the bank

Denis Ivanov Chairman of the Board International Bank for Economic Cooperation Dear Denis, On behalf of the Board of the International Investment Bank, our whole international team and, of course, on my own behalf please allow me to congratulate International Bank for Economic Cooperation and its staff on the jubilee! 55 for people nowadays is an age of energetic maturity, time when accumulated professionalism and life experience allow to confidently achieve the…  Read more
A meeting between the IIB Governor from the Russian Federation Sergey Storchak and Chairman of the Management Board Nikolay Kosov

A meeting between the IIB Governor from the Russian Federation Sergey Storchak and Chairman of the Management Board Nikolay Kosov

Russian Federation authorized representative in the Board of Governors of the International Investment Bank (IIB), Deputy Finance Minister of the Russian Federation Sergey Storchak together with members of the Russian delegation in IIB visited the Bank’s headquarters, where bilateral working consultations were held with the Chairman of the IIB Management Board Nikolay Kosov on current and potential operations of the financial institution. Special attention was given to “comparing notes” on key…  Read more
IIB expands partnership with OTP Banking Group

IIB expands partnership with OTP Banking Group

International Investment Bank (IIB) continues to develop its partnership with OTP Group in various areas of activity. In line with implementation of the Strategic Cooperation Agreement concluded in June 2016, IIB engages in effective business cooperation with the expanding OTP Group (currently operating in Hungary, Bulgaria, Croatia, Montenegro, Romania, Russia, Serbia, Slovakia and Ukraine), in IIB’s European member states and Russia in the area of trade finance, treasury operations, lending…  Read more
IIB traditionally initiates development banks compliance experts annual meeting

IIB traditionally initiates development banks compliance experts annual meeting

On October 17, 2018 an international conference «Managing Compliance Risks in Development Finance Institutions: Multilateral and National Experiences” took place in Budapest (Hungary) under the auspices of the International Investment Bank (IIB). This important international forum was organized by IIB with in collaboration with the Banking Association of Central and Eastern Europe (BACEE), a long-term partner of the Bank. Representatives of international and national development banks,…  Read more