On March 24, 2016, the international rating agency Moody’s Investors Service updated its credit opinion on the International Investment Bank (IIB), thus confirming its stable financial position at the time of deteriorating external operating circumstances. On March 19, 2015, the Bank was assigned the rating of «Baa1» with a stable outlook. IIB’s investment rating and its stable outlook amid the ongoing degradation of the operating environment shows the reliability and the foothold of the…  Read more

The delegation of the International Investment Bank (IIB) took part in the 9th session of the Intergovernmental Commission on Economic, Industrial and Scientific-Technical Cooperation between the Czech Republic and Russia – the member states of the Bank – held on March 22-23, 2016 in Prague. The first in the past four years, the Commission's meeting was chaired by Ministers of Industry and Trade of the Czech Republic and the Russian Federation, Jan Mládek and Denis Manturov. Dozens of high-level…  Read more

A meeting of the Club of Ambassadors of the IIB member states took place yesterday with the participation of IIB’s management and the heads of diplomatic missions of the Bank’s members. On the host country’s side, attendees included Vasily Nebenzya, Deputy Minister of Foreign Affairs of the Russian Federation, Andrey Bokarev, Head of the Department of International Financial Relations at the Russian Ministry of Finance, and Evgeny Stanislavov, Deputy Head of the Russian Delegation in the Bank’s…  Read more

In the first quarter of 2016, the International Investment Bank (IIB) continued building up its trade finance (TF) portfolio, while expanding the number of its partner banks. Thus, the IIB has covered the risk of several Belarussian banks for Commerzbank AG (Germany) and Sberbank CZ a.s. (Czech Republic) by issuing its irrevocable reimbursements undertakings. The aim of these transactions was to support imports of goods and equipment from the Czech Republic. As a multilateral development…  Read more