International Investment Bank (IIB) is a multilateral development financial institution founded and registered in the UN Secretariat in 1970. Current shareholders of the Bank include: Bulgaria, Cuba, Czech Republic, Hungary, Mongolia, Romania, Russia, Slovakia and Vietnam. The Bank is rated BBB+ (outlook stable) by S&P, A3 (outlook stable) by Moody’s, BBB (outlook positive) by Fitch and A (outlook positive) by Dagong. IIB Mission is defined as facilitating connectivity and integration between the economies of the Bank's member states in order to ensure sustainable and inclusive growth, competitiveness of national economies, backed by the existing historical ties.
Main scopes of its activities are SME support, promotion of export-import operations and participation in financing of significant projects in priority sectors for its shareholders.The Bank provides direct loans as well as through leading domestic publicly owned financial institutions, development banks, export and import banks and agencies, or lends in partnership with other international development institutions. IIB has developed and introduced a Trade Facilitation Support Programme.
The new Strategy for the period 2018-2022 provides for a two-fold growth of assets and of the loan portfolio within a five-year horizon, further qualitative improvement of customer relations, development of flexible product and service offerings in each of its member states, achievement of a greater level of financial stability and institutional maturity, in particular by transition to a three-tier corporate management system. Strategic priorities also include: geographic expansion, diversification of product line, expansion of the Bank's mandate through provision of direct financing and bank guarantees, as well as trade finance and money market instruments, participation in and organisation of syndications.
14 Nov 18
21 Nov 18