Congratulations to Chairman of the IIB Board on receiving the Order of Friendship!

October 16, 2015

The Chairman of the Board of the International Investment Bank, Nikolay Kosov, has been honoured by a high-level state decoration of the Russian Federation — the Order of Friendship. The corresponding decree was signed by the Russian President on October 10, 2015. «Peace and Friendship» — a noble inscription on the reverse of the Order conveys its serene aura. These two words, at the same time deep… Read more

Romanian investors express major interest in IIB, spurring demand for RON 111 million worth of bonds in IIB’s first local currency issue outside of the country of its headquarters

October 15, 2015

The International Investment Bank placed RON 111 million (approx. EUR 25 million) of 3-year bonds on the Bucharest Stock Exchange. The interest rate of the issue, organised by BT Securities S. A., a subsidiary of Banca Transilvania S. A., was set at 4.1%. The fully domestic issue attracted demand from Romanian pension and investment funds, as well as investment and insurance companies. Investors rallied after a roadshow organised in Bucharest… Read more

Another trade finance deal marks progress in new areas of IIB’s activities

October 2, 2015

In the beginning of 2015, under its extended mandate the International Investment Bank started to develop trade finance operations for the benefit of its member states. The corresponding decision, which significantly increases the range of IIB’s activities, was adopted during the 102nd IIB Council Meeting in November 2014 in Sofia, Republic of Bulgaria. Thus, on September 30, 2015 the Bank issued another trade finance deal, supporting export… Read more

IIB and Bulgarian Development Bank finance another project in Bulgaria with EUR 15 million

September 30, 2015

The International Investment Bank (IIB) and the Bulgarian Development Bank (BDB) once again come together to support the Bulgarian economy, providing a 3-year EUR 15 million credit line to PRISTA OIL — a leading Bulgarian company producing motor and industrial oils, greases and specialty fluids with an international presence. IIB’s part of the syndication represents EUR 10 million. The loan will be utilised to finance both PRISTA OIL’s… Read more

International Investment Bank completed a secondary placement of series 03 bonds on Moscow Exchange

September 30, 2015

IIB’s rouble-denominated bonds series 03, which were repurchased from the bondholders under a put option in June 2015 in the amount of RUB 2.3 billion, were sold out on the secondary market. Thus, the total outstanding amount of the bonds of this series in circulation once again comprises RUB 4 billion. Bank ZENIT acted as the lead manager of the secondary placement. Overall, 12 deals were closed at 100% of the nominal value. The… Read more

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