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IIB continues its resurgence – audited results for 2015 published

IIB continues its resurgence – audited results for 2015 published

The International Investment Bank (IIB) has published its IFRS results for 2015 confirming both the financial and geographical growth in what was a very significant and successful year for the Bank. Thus, this renewed multilateral development institution has continued its dynamic development, more than doubling its assets and signing new investments of almost EUR 500 million in the three years since the beginning of its reform in late 2012. The IIB was extremely active in Europe throughout…  Read more
After an additional contribution by Hungary, share of EU member states in IIB’s capital approaches 50%

After an additional contribution by Hungary, share of EU member states in IIB’s capital approaches 50%

Hungary has made an additional EUR 10 million payment to the paid-in capital of the International Investment Bank (IIB), having fulfilled all the obligations regarding its contribution as the Bank’s new member country according to the resolution of the 102nd IIB Council Meeting (November 2014, Bulgaria). As a result, Hungary increased its share to EUR 40 million (12.78%), surpassing the Czech Republic and becoming IIB’s third largest shareholder after the Russian Federation (47.92%) and the…  Read more
IIB Chairman participates in the visit of Slovak delegation to Iran

IIB Chairman participates in the visit of Slovak delegation to Iran

Chairman of the IIB Board, Nikolay Kosov, was part of a delegation of the Slovak Republic, which included 20 representatives of the country’s business and financial sectors, on an official visit to the Islamic Republic of Iran on March 7-8, 2016. Invitation of the IIB Chairman to participate in the visit reflects the mutual interest of both Slovakia – one of IIB’s most active shareholders, and the IIB to support the foreign expansion of its member states’ companies and to promote international…  Read more
IFI bond programme registered in Russia for the first time: RUB 100bn of IIB’s bonds

IFI bond programme registered in Russia for the first time: RUB 100bn of IIB’s bonds

For the first time, a multi-billion programme of exchange-traded bonds has been registered in the Russian Federation by an international financial institution (IFI) – the International Investment Bank (IIB). According to yesterday’s official statement by the Moscow Exchange, the IIB bond programme series 001P of up to RUB 100 billion or the equivalent in another currency was assigned the identification number 4-00003-L-001P-02E as of March 2, 2016. The maximum maturity period of IIB’s bonds…  Read more
New appointments in IIB’s top management

New appointments in IIB’s top management

The International Investment Bank (IIB) renewed the composition of its senior management, including members of the Board and directors of the Bank’s operating sections. At the end of last year and early this year, the IIB Council approved the appointment of new Deputy Chairmen from Romania, the Republic of Bulgaria and the Slovak Republic as a part of the rotation of member states’ representatives in the Board, as well as the formation of the Strategy Section within the Bank's updated…  Read more