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"The world of business does not end on our eastern borders" - the First Deputy Chairperson of IIB Management Board Jozef Kollár reflects on the role of multilateral development banks in his interview to Trend.sk
Source: www.trend.skThe arrival of the new Chairperson Mr Nikolay Kosov represented a fundamental restart for the bank. The shareholders approved the reform together with the first Strategy for 2013-2017. Until that time, the bank had operated in something akin to a dormant mode, because when the Council for Mutual Economic Assistance collapsed, it basically had no activity as there was nobody for it to finance. One of the priorities of the reform was to cleanse the bank of the 80% share of non-performing loans on… Read more