International Investment Bank (IIB)
Last updated on 05 Mar 2024

Key facts


The IIB is a multilateral institution for development that promotes social and economic development, prosperity, and economic cooperation between its member states.

7 Mashi Poryvaevoy Street
Moscow 107078
Russia

+7 (495) 604-73-00

www.iib.int
PUBLIC
1970
Credit rating (Fitch)
BBB
Foreign currency

Products


  • IIB provides targeted financing to intermediaries from financial institutions for the purpose of on-lending to SMEs and public sector companies
  • The IIB finances investment projects in IIB member states, particularly in:
    • Integration projects implemented in partnership with several member states, thus promoting the growth of mutual investments, as well as the expansion of export-import operations
    • Infrastructure projects of high social/economic importance for members
  • IIB can issue bank guarantees and letters of credit for the support of investment projects and export-import operations
  • Trade Finance Support Program (TFSP): This program aims to support SMEs as well as the financing of socially significant infrastructure projects
    • Irrevocable reimbursement undertakings (IRUs)
    • Guarantees/standby letters of credit (SBLCs)
    • Counter-guarantees
    • Revolving credit facility
  • Investments in equity and investment funds

Policies


  • Member states: Cuba, Mongolia, Russia, and Vietnam
  • IIB is explicitly excluded from the list of financial institutions to which restrictive measures of the Council of the European Union are applied
  • The terms and conditions for a financing are determined on a case-by-case basis, based on the purpose of provision of financing, type of financing, contracting parties, transaction structure, and collateral
  • IIB does not tolerate any actions aimed at money laundering, terrorism financing, corruption, or fraud, neither in its own operations nor on the part of its employees or counterparts
  • Priority sectors are SMEs, innovation and new technologies, trade and economic cooperation, resource conservation, energy efficiency, and clean technologies
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