International Investment Bank

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International Investment Bank

1. A former bank established in 1971 to provide capital investment funding for Soviet bloc states. It was disestablished in 1991.

2. An investment bank whose practices comply with Islamic law. It was established in 2003 and is based in Bahrain.
References in periodicals archive ?
The IIB is a multilateral development bank founded in 1970, operating based on the intergovernmental Agreement Establishing the International Investment Bank and its Charter, registered with the UN Secretariat.
IIB maintains a diverse portfolio of global investments covering the geographies of France, Germany, UAE, Bahrain, Saudi Arabia, Tunisia, Azerbaijan, Bosnia and Herzegovina and the UK, across various sectors including manufacturing, automotive, real estate, banking and retail.
At IIB, our key consideration in investment decisions is the potential for sustainable value growth and as one of the regional market leaders, IIB strongly believes in partnering with companies that share our vision and one such investment is EGRC," he noted.
bed Al-Zeera, IIB CEO and Board Member said, We are pleased to announce the second consecutive dividend distribution to IIB KSA investors after strong performance of EGRC in 2012.
Following the acquisition, IIB appointed Ernst & Young - Bahrain to manage a smooth conversion, ensuring that the new image of the bank is based on strong fundamentals of Islamic principles.
The ratings on IIB reflect the bank's satisfactory fundamentals, and its position and role in the KBC group.
MANAMA: Bahrain-based International Investment Bank (IIB), a globally focused Sharia-compliant investment bank, has announced the second consecutive dividend distribution to its investors in IIB KSA Investments.
Bahrain's International Investment Bank (IIB) has announced the second consecutive dividend distribution to its investors in IIB KSA Investments BSC (IIB KSA).
According to IIB release, In view of the advancement and sophistication achieved by KIDI in the field of analytics and the help it can render to IIB to facilitate speedy development, a continued relationship and knowledge-sharing was proposed and agreed by both the sides.
IIB has successfully registered the development for achieving the Leed Platinum Certification under the exacting guidelines of the US Green Building Council.
At the same time, Standard & Poor's affirmed its 'A-1' commercial paper rating on IIB Capital PLC, which is guaranteed by IIB.
Additionally, IIB has awarded Ms Ebrahim with a gift in recognition of her achievements and certification.