International Asset Bank

News

30 December 2011

Effective as of January 1st, 2011 International Asset Bank restructures its presence in the regions of Sofia and Veliko Tarnovo.

1 December 2011

Effective as of December 1st, 2011 International Asset Bank reorganizes its presence in the cities of Plovdiv and Varna.

19 September 2011

1 September 2011

Starting from September 1st 2011, International Asset Bank launches for sale a new term deposit product – “Asset New Temptation 2”, with an interest rate of up to 12.75% in BGN and 10.75% in EUR, which grows up and is paid out every two months.

17 August 2011

Despite the ongoing for a fourth consecutive year global financial crisis, in a recent publication from 3rd August, 2011, Moody's Investors Services has reaffirmed the rating of International Asset Bank AD.

1 August 2011

Since August 1st, International Asset Bank AD expanded its presence in the city of Sofia, by opening its newest branch “Galaxy”.

24 June 2011

International Asset Bank and the State Fund "Agriculture" signed a contract for refinancing loans on projects of the Rural Regions Development Programme (RRDP), with resources of the Fund.

17 March 2011

Effective since March 2011, International Asset Bank AD already maintains a nostro account in Chinese Yuans. This allows the financial institution to be the only one in Bulgaria to offer opening and maintenance of current accounts in CNY, as well as execution of payment transfers in that same currency all over the world.

28 February 2011

By decision of the Supervisory Board and after obtaining the respective licenses and registration of the changes in the Commercial Registry, as of February 27th 2011, International Asset Bank has a new composition of the Management Board

28 February 2011

from March 1st 2011, International Asset Bank AD launches a new attractive short-term deposit “Asset Temptation 4” with an interest rate of up to 8.44% in BGN, the latter growing for a maximum of 12 consecutive interest periods and being paid out every 4 days.

28 February 2011

On February 25th 2011, the regular annual general meeting of the shareholders of International Asset Bank AD was held.

10 December 2010

In November 2010, Moody’s Investors Service has once again reaffirmed the assigned global ratings of International Asset Bank, for all categories

26 November 2010

International Asset Bank is once again a partner in the “Bulgaria Economic Forum: Growth Factors over the Next Decade” event.

1 November 2010

International Asset Bank joins the initiative of MasterCard Worldwide and „Piccadilly“/“Piccadilly Express“ chain stores for conducting a partnership campaign, targeted at boosting card payments.

11 October 2010

In October, International Asset Bank AD expanded its presence in the city of Burgas, opening a new branch „Pirgos“. The new location is situated at 26 „Patriarh Evtimiy“ str., with a phone contact: 056/84 05 07 and working hours from 08:30 up to 17:00, Monday till Friday.

1 October 2010

Since October 1st, the investors in Advance Invest, Advance Eastern Europe and Advance IPO Fund, already have the opportunity to place purchase and redemption orders at 24 additional locations in the country.

1 October 2010

Starting from October 1st 2010, International Asset Bank enhances its product portfolio by launching for sale 2 new deposit products – “Asset Temptation 3” and “Asset Invest”.

2 July 2010

On June 29th, 2010 at the premises of State Fund „Agriculture" a signing ceremony for the Memorandum of understanding between the State Fund and 22 commercial banks was held.

10 June 2010

In June International Asset Bank expanded its presence in the city of Varna, opening a new branch „Odesos“, which is located at 8 „Kniaz Nikolaevich“ Str., with a phone contact: 052/60 07 52.

8 June 2010

International Asset Bank received the prize "Most profitable bank“ of the VIII-th International Financial Banks Investments Money Exhibition, held in Sofia between June 7 to 9 and was organized by the Foundation Banks Investments Money.

25 May 2010

International Asset Bank AD moved to a new place the branch in the city of Sandanski. The new branch of the bank is with the following address: 5 „Svoboda“ str., phone number for contacts: 0746/3 12 20.

21 May 2010

International Asset Bank signed a loan agreement with Deutsche Forfait for the amount of EUR 1 000 000

22 April 2010

International Asset Bank signed a 1-year loan agreement with the Austrian Oberbank for the amount of EUR 1 000 000 at highly favourable financial terms.

21 April 2010

International Asset Bank already offers special deals to customers, holding MasterCard credit and Maestro debit cards.

14 April 2010

Following the launch in March of International Asset Bank AD’s service for trade and operations with coins and investment gold, the branches of the Bank in Sofia and throughout the country, which are actively offering it, now amount to 13.

19 March 2010

In support of its ongoing nationwide advertising campaign, International Asset Bank will surprise its new customers who open “Asset Temptation 1” deposit

17 March 2010

International Asset Bank starts a service on trade and operations with coins and investment gold.

25 February 2010

On February 25, 2010, the regular annual General meeting of the shareholders of International Asset Bank was held.

19 February 2010

Starting from February 22nd 2010, International Asset Bank begins an advertising campaign of its new term deposit "Asset Temptation 1“ with an interest rate of up to 10,75% in BGN, 9,75% in EUR and 8.75% in USD.

1 February 2010

In February International Asset Bank expanded its presence in the city of Plovdiv, opening a new office „Maritsa“, which is located at 31 „Maria Luisa“ Str.

1 February 2010

Starting from February 1st 2010, International Asset Bank AD offers a new term deposit "Asset Temptation 1“ with an interest rate of up to 10,75% in BGN, 9,75% in EUR and 8,75% in USD. The interest grows up and is paid every month.

28 January 2010

On 21 January 2010 Moody’s Investors Service confirmed the assigned global rating of International Asset Bank for all categories.

7 January 2010

International Asset Bank AD with an award from CITI BANK N.A. for high quality payments messages (Quality Recognition for Straight Through Processing Award 2008/2009)

10 December 2009

On December 10th 2009 at 18:30, during a stylish cocktail party held at Sheraton Sofia Hotel Balkan, the twentieth anniversary of International Asset Bank AD was celebrated.

20 November 2009

26 October 2009

International Asset Bank with a national television advertising campaign and attractive clip of its new deposit product “Asset Temptation 2”, offering an interest rate of up to 12.75% in BGN

1 October 2009

Starting from October 1st 2009, International Asset Bank offers a new term deposit "Asset Temptation 2“ with an interest rate of up to 12,75% in BGN and 10.75% in EUR. The interest grows up and is paid every two months.

28 September 2009

International Asset Bank opens a new office in the town of Kozloduy, which is located on 3 „Kiril i Metodiy“ Str., with a phone contact: 0973/ 8 13 33.

4 September 2009

International Asset Bank move to a new place the office in the city of Triavna. The newest office of the bank stey in: 45 „Angel Kanchev“str.

1 September 2009

International Asset Bank AD offers a new deposit product – “Asset Childhood” with an interest rate at 8 % in BGN.

5 August 2009

International Asset Bank started a new branch – Sever, the fifth in Sofia city. The address is 246G, „Lomsko shose“ Blvd.

28 July 2009

July 27, 2009 - Bulgaria's International Asset Bank has prepaid a EUR 14 million club loan that was due to mature on August 25, the bank announced on Monday.

23 June 2009

On 18 June 2009, in Sofia head office of International Asset bank the annual general meeting of the shareholders of the bank was held.

12 June 2009

International Asset Bank and the National Guarantee Fund EAD, part of the Bulgarian Development Bank signed an Agreement for a portfolio guarantee which will cover the risk from loans given to small and medium enterprises.

20 May 2009

International Asset Bank will participate in the first International economic forum “Struma”

26 February 2009

On 26 February 2009, in Sofia head office of International Asset bank the annual general meeting of the shareholders of the bank was held.

24 February 2009

International Asset Bank opens a new office in region Smolian, the city of Nedelino.

20 February 2009

International Asset Bank with three new anniversary deposits - Asset 20 days, Asset 20 weeks and Asset 20 months, which are dedicated to the 20th Anniversary of the establishment of the Bank.

17 December 2008

International Asset Bank openеd a new office in the town of Razlog at 14 Ohrid Street with phone contact: 0747/810 23.

4 November 2008

International Asset Bank will participate for a second consecutive year with a promotional stand on the “Fin Expo” 2008.

3 November 2008

International Asset Bank opens a new branch in the city of Sofia, „Mladost“ 1A, building 552.

20 October 2008

International Asset Bank complements its product portfolio of deposits: Asset 3+, Asset 6+ and Asset 12+ with a new advance deposit Asset 1+ offering interest rates as follows: 4,00 % for BGN and 3,50 % for EUR.

7 October 2008

International Asset Bank opens a new office in the city of Dospat.

2 September 2008

International Asset Bank sign term loan of EUR 14 million from leading financial institutions.

18 July 2008

International Asset Bank begins the issuance of credit cards with a new design.

11 July 2008

International Asset Bank begins a new TV campaign in corroboration of the highly successful advance intrest payment Аsset 12 +

1 July 2008

International Asset Bank prolongs the promotional interest rate conditions on its advance intrest deposit Asset 12+

12 June 2008

On 10th and 11th of July 2008 in city of Vraca under the patronage of the Minister of Economy and Energy for the first time took place “Danube International Economic forum”

10 June 2008

International Asset Bank now takes the prestigeous second place for the first quarter of 2008 in terms of RoE, while in the end of 2007 the Bank ranked fourth.

31 May 2008

18 May 2008

International Asset Bank has opened two new offices: Office Elena – Veliko Tarnovo, address: “Ilarion Macariopolski” Str. № 32 and Office Dolni Chiflik – Varna, address: “Kamchia” Str. № 1.

16 April 2008

International Asset Bank has opened a new office in city of Shumen in the premises of the local municipality building.

4 April 2008

International Asset Bank launches a new product – Letter of Guarantee for the milk purchasers

21 March 2008

International Asset Bank offers deposit “Asset Golden age”

10 March 2008

International Asset Bank has added its product portfolio, after its successful Asset 6+ deposit with two new product types: ‘Asset 12+’ and ‘Asset 3+,again with advance payment of the interest.

21 February 2008

On February 21, 2008 was conducted The General Shareholders Meeting of International Asset Bank AD.

15 February 2008

New information telephone: 0800 12 422

22 January 2008

International Asset Bank signed a framework agreement for directed financing whithin the operative program

17 January 2008

International Asset Bank supporting publication of The Encyclopedia Russia - “Federal districts and regions”

20 December 2007

International Asset Bank AD has opened a new “Ljubljana” branch in Sofia. Its location is Ovcha Kupel Qrt., 46 A Ljubliana Str. Members of the Managing Board and the Board of Governors of the bank, as well as clients of the new branch attended the inauguration.

11 December 2007

International Asset Bank, Sofia has established a new bank web-site which is available at: www.iabank.bg and combines up-to-date appearance and functionality. Together with, it offers easy and convenient way for communications between the clients and the Bank.

10 September 2007

Since 10th September International Asset Bank is launching an advertising campaign promoting its new product – fixed deposit Asset Family granting BGN 2.00 bonus per each BGN 100.00 deposited upon account opening.

23 August 2007

International Asset Bank increased its capital basis through issuance of subordinated term debt to the amount of EUR 10 million. Funds were accumulated through issuance of bonds equal in value.

7 August 2007

As result of the signed general frame cooperation agreement between International Asset Bank AD and Energy Efficiency Fund the Bank is launching two new credit products for energy efficiency Energy Asset and Energy Asset +.

24 July 2007

International Asset Bank is launching a special target credit named My Eurosubsidy intended for the agricultural producers.

21 July 2007

On July 20, 2007 International Asset Bank signed during an official ceremony held at the Bank the first frame agreement concluded between a bank institution and non-governmental organization in Bulgaria supporting small and mid-size enterprises and municipal authorities in the absorption of the financial resources granted by EU-funds.

18 July 2007

International Asset Bank has signed a contract on the conclusion of 1-year syndicated fixed loan amounting to EUR 14 million. Leading managers and beneficiaries are Raiffeisen Zentralbank Osterreich AG and HSH – Nordbank AG.

12 July 2007

International Asset Bank shall operate on the market of repo-deals with corporate securities. The Bank has designed a service targeted chiefly at professional and non-professional investors on Bulgarian capital market.

10 July 2007

On July 06, 2007 International Asset Bank signed a memo of understanding with the Ministry of Agriculture and Forestry and Agriculture State Fund – Paying Agency for joint activity in the support of agricultural producers in the process of EU-funds absorption.

5 July 2007

International Asset Bank has created a special program for its customers named European Project Financing. It combines the specific aspects of project financing by EU-funds and credit instruments of the Bank for co-financing and bridge financing of projects.

26 April 2007

On April 24, 2007 Moody’s Investors Service raised the rating of International Asset Bank as regards deposits in foreign currency from B2/NP – stable perspective to B1/NP – positive perspective.

16 April 2007

International Asset Bank AD is launching an advertising campaign promoting its new product – 6-month fixed Asset 6+ deposit with advance receipt of interest as bonus.

11 April 2007

International Asset Bank and Credit Rating Agency Global Ratings signed a frame cooperation agreement. This is the first agreement concluded between a national credit rating agency and a commercial bank.

8 March 2007

International Asset Bank shall grant target credits supporting the development of small and mid-size enterprises through the resources provided by Encouragement Bank under Kreditanstalt für Wiederaufbau’s program. Small and mid-size enterprises form the basis of European economics and they are most sensitive to the changes in business environment.

1 March 2007

International Asset Bank obtained a credit line of over EUR 1 million from ENCOURAGEMENT BANK AD.

28 February 2007

On February 27, 2007 International Asset Bank obtained a credit line of over 1 million EUR. These funds are to be used for credits provided to small and mid-size companies.