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IIB expands its trade finance product line

IIB expands its trade finance product line

In November 2016, the Council of the International Investment Bank (IIB) approved a new IIB trade finance product – short term Trade related loans (TRL). Thus, the Bank continued its course to develop activities in the area of Trade Finance (TF) benefitting the IIB member states, including with the involvement of non-member countries. For the purposes of conducting TF operations, the IIB has concluded a number of Master Agreements with financial institutions from its member states and from…  Read more
VIII Hungarian-Russian Economic Forum on trade and investment cooperation takes place in Hungary with support from IIB

VIII Hungarian-Russian Economic Forum on trade and investment cooperation takes place in Hungary with support from IIB

On November 23-24, 2016, the VIII Hungarian-Russian Economic Forum and a meeting of businessmen were held in Budapest, Hungary, under the auspices of the Hungarian Ministry of Foreign Affairs and Trade, dedicated to expansion of export opportunities, bilateral trade, investment cooperation and business contacts between the two countries. The International Investment Bank (IIB) acted as the general sponsor of the event and was represented at the meeting by the Deputy Chairman of the IIB Board,…  Read more
IIB is expanding cooperation with Bulgarian Export Insurance Agency

IIB is expanding cooperation with Bulgarian Export Insurance Agency

The International Investment Bank (IIB) is expanding cooperation with the Bulgarian Export Insurance Agency (BAEZ), which focuses on socially significant investment projects, support for the SME sector and development of export operations in Bulgaria. These issues were discussed during the working meeting of the IIB Board with delegation of BAEZ, held at the Bank's headquarters this week. Parties looked at opportunities for partnership in relation to the implementation of investment projects…  Read more
IIB again awarded for contribution to development of Romania’s corporate bonds market

IIB again awarded for contribution to development of Romania’s corporate bonds market

For the second year in a row, the International Investment Bank (IIB) has been awarded by the Romanian Stockbrokers’ Association for its contribution to the development of Romania’s corporate bonds market. The prize was handed out to Julia Slusar, IIB Director of Structured and Debt Finance Department, during the Association’s 15th Capital Market Awards Gala. The IIB entered the local debt market for the second time this year, having successfully placed its RON 300 million (more than EUR 65…  Read more
IIB clarified shareholders’ positions regarding its further strategic development

IIB clarified shareholders’ positions regarding its further strategic development

As part of preparations for the upcoming 106th Council Meeting of the International Investment Bank (IIB), focused on the Bank’s future strategic development, IIB Managing Director for Strategy and Policy, Georgy Potapov, together with the Director of the Strategic Development and Analysis Department, Maxim Bychkov, held a series of consultations with the delegations of the Bank’s shareholder countries. Parties discussed in detail the Strategic Vision for the Bank until 2022, emphasizing options…  Read more