The International Investment Bank (IIB), the Eurasian Development Bank (EDB) and JSC Nord Hydro – Belyi Porog today signed an agreement outlining their intentions to implement the investment project Construction of small hydropower plants in the Republic of Karelia. The parties agreed on indicative terms of the financing for the construction of hydropower plants Byeloporozhskaya HPP-1 and Byeloporozhskaya HPP-2 with a combined capacity of about 50 MW in the Kem region of Karelia. The BRICS…  Read more

Deputy Chairman of the Board of the International Investment Bank (IIB), Jozef Kollár, joined the delegation of Slovakia’s leading business representatives during an official visit of the country’s Prime Minister, Robert Fico, to Vietnam on July 17-19, 2016. The visit was dedicated to the 65th anniversary of the establishment of diplomatic ties between the two countries and the stepping up of multilateral cooperation, particularly in trade, investment, education and training. During the visit,…  Read more

On July 11-13, 2016, the International Investment Bank (IIB) participated for the first time in the Annual Meeting of the Global Emerging Markets Risk Database Consortium (GEMs) of international financial institutions (IFIs) that took place in Washington DC, USA. The Consortium, originally established by the IFC and the EIB, currently has twelve members. The IIB joined the GEMs at the end of last year. The 3-day event brought together top risk officers from the twelve IFIs to discuss the…  Read more

The delegation of the International Investment Bank (IIB), headed by Jozef Kollar, Deputy Chairman of the Board, participated in the 15th Asia-Europe Business Forum (AEBF15) focused on “Connectivity for Inclusive Growth” that took place in Mongolia’s capital, Ulaanbaatar, on July 13-14, 2016. During the 2-day event, participants discussed current issues of cooperation on the Eurasian continent, including prospects of the world economy and international investment activity, consequences of the…  Read more