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IIB provides financing to a Czech company for the first time in more than 20 years

IIB provides financing to a Czech company for the first time in more than 20 years

Yesterday, in line with the EUR 35 million credit facility signed on December 30, 2015 between the International Investment Bank and the Czech company Pilsen Toll, the Bank disbursed the first tranche. Thus, for the first time in over 20 years the IIB finances a borrower, registered in the Czech Republic. Pilsen Toll is a tolling company supporting the operations of the large metallurgical-engineering plant PILSEN STEEL, Czech manufacturer of high-quality forgings, castings and ingots from…  Read more
Greetings from Nikolay Kosov, Chairman of the IIB Board – the Bank celebrates its 45th New Year

Greetings from Nikolay Kosov, Chairman of the IIB Board – the Bank celebrates its 45th New Year

Dear friends, I wish you all the best in the upcoming 2016! The end of the year is the time to draw conclusions and to make new plans. The year 2015, with all its complications, has been successful for us – we managed to implement most of our plans, and if something has been left unfinished, I am convinced it will be done in the upcoming year. I am very grateful to the Bank’s international team for their professional work, traditionally aimed at the economic prosperity of our member states, and…  Read more
IIB adopts Environmental and Social Impact Assessment Guidelines

IIB adopts Environmental and Social Impact Assessment Guidelines

In accordance with the IIB Corporate Social Responsibility Policy, the International Investment Bank has developed and adopted Environmental and Social Impact Assessment Guidelines for the Bank’s investment projects. The document, based on the best practices of leading international financial institutions such as the World Bank, EBRD and other, on the standards of the World Health Organization (WHO) and on corresponding international conventions, embraces the main principles, approaches and…  Read more
Mongolia’s contribution to IIB’s authorised capital concludes the “Year of Asia” at the Bank

Mongolia’s contribution to IIB’s authorised capital concludes the “Year of Asia” at the Bank

As another step that brings the International Investment Bank closer to the completion of its capitalisation programme, adopted by IIB’s member states in June 2013, on December 28 Mongolia contributed EUR 435 000 to the Bank’s authorised capital. Thus, the IIB’s paid-in capital has already increased by EUR 138 million in total. Mongolia’s contribution reflects its share in the Bank’s capital at the time when the decision on additional capital was adopted and increases it correspondingly to…  Read more
Another meeting of MIFC UK-Russia Joint Liaison Group took place at IIB’s headquarters

Another meeting of MIFC UK-Russia Joint Liaison Group took place at IIB’s headquarters

For the second year in a row, the International Investment Bank hosts the meeting of the Moscow International Financial Centre (MIFC) UK-Russia Joint Liaison Group. The meeting, taking place on December 11, 2015, was the eighth of the MIFC UK-Russia Joint Liaison Group, which was formed in 2011 by the MIFC Taskforce, Vnesheconombank and TheCityUK, which represents the UK-based financial services industry. The Co-Chairmen of the MIFC UK-Russia Joint Liaison Group are Alexander Voloshin and…  Read more