IIB becomes the first international financial institution rated by the Chinese agency Dagong

November 3, 2015

The leading international rating agency of China Dagong Global Credit Rating has assigned to the International Investment Bank a long-term credit rating of ‘A’ with outlook ‘stable’. The IIB has become the first IFI with a rating from the Chinese agency. This is already the Bank’s third international credit rating after it obtained ratings from Fitch and Moody’s in 2013 and 2014 respectively. In its official press release, among key factors of the Bank’s high assessment Dagong notes… Read more

IIB’s first Turkish trade finance deal with Aktif Investment Bank A.S.

November 3, 2015

Today, for the first time, the International Investment Bank contributed to trade between its member states and Turkey, having issued its first deal with Aktif Investment Bank A.S. (Turkey) in favour of Turkish company BETONSTAR MAKİNE SAN.VE TİC.A.S. The Bank thus supported delivery of truck mounted concrete pumps to the Russian Federation from the Republic of Turkey. The Bank issued an irrevocable reimbursement undertaking by the order of PJSC NBD Bank for its client to Aktif Investment… Read more

IIB signs a strategic cooperation agreement with Credit Suisse

October 22, 2015

Today at IIB’s headquarters, the International Investment Bank and CJSC “Bank Credit Suisse (Moscow)” concluded a strategic cooperation agreement. Nikolay Kosov, Chairman of the IIB Board, and Steven Hellman, Chief Executive of Credit Suisse in Russia and CIS, signed the document. The document foresees the parties’ participation in joint investment projects, organisation of trade finance transactions supporting export-import operations between IIB member states, financing of small and… Read more

Investors in IIB’s Slovak bonds receive their first coupon payment

October 21, 2015

Today, the IIB paid out the first coupon on its 5-year bonds issued on the Bratislava Stock Exchange in October last year, when they spurred demand among investors from Slovakia, Czech Republic, Bulgaria and Russia. The interest payment, in line with the annual rate of 3.5%, amounted to EUR 1.05 million. Tatra banka a.s., the initial lead manager of the issue, was the paying agent. All funds, raised during the first bond placement outside of the country of IIB’s headquarters, were used to… Read more

IIB gave a speech at the 31st BACEE Regional Banking Conference

October 21, 2015

The International Investment Bank traditionally participated in the 31st conference of the Banking Association for Central and Eastern Europe, in the position of the diamond sponsor. The event took place on October 19 in Budapest, Hungary. At the conference, dedicated to the risks and opportunities in the CEE-CIS financial sector, the Bank was represented by Igor Barat, Director of the IIB European Regional Office opened earlier this year in April in Bratislava in order to further expand the… Read more

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