International Investment Bank pays back its largest RON issue to Romanian investors

November 7, 2022

On November 1, 2022 IIB redeemed RON 500 mln bonds with the coupon of 3,98 % p.a. for investors. This debt instrument was the largest in volume ever in RON denomination, in raw the fifth issued in 2019 in domestic format under the Romanian law, approved by local Supervision, and listed on the Bucharest Stock Exchange. Apart from above five bond issues, IIB placed five more series in RON denomination under its MTN Programme, showing high recognition of the Bank among Romanian institutional… Read more

International Investment Bank fulfills its obligations towards Hungarian investors

October 18, 2022

On October 18, 2022 IIB redeemed the outstanding part of IIB2022/II HUF bonds. This debt instrument was issued under the Hungarian law, approved by the National Bank of Hungary and listed on the Budapest Stock Exchange with ISIN HU0000359245, in a total amount of HUF 10,84 bn and with the coupon of 1,25% for its holders. “In current challenging global economic environment the Bank is determined to continue carrying out its mission as a multilateral development institution and to duly… Read more

IIB contributes to the development of financial and economic ties between its member states and third countries: on the sidelines of the Hungary-Uzbekistan Business Forum the Bank signed the Framework Agreement of Cooperation with Asakabank

October 6, 2022

On October 3-4, 2022, the Hungary-Uzbekistan Business Forum was held in Budapest. The Hungarian Export Promotion Agency (HEPA) acted as the arranger of the event. Among the guests and participants of this significant international business event were high-ranking officials, heads and representatives of leading Hungarian and Uzbek companies, financial institutions, export-import agencies. International Investment Bank was represented by Mr. Imre Laszlóczki, Deputy Chairperson of the… Read more

IIB partially buys-back HUF bonds due on October 18th , 2022

May 11, 2022

Given the challenging and hardly predictable market and geopolitical environment, IIB is conducting an active and responsible liability management policy smoothening the forthcoming redemptions peak later this year. Following the interest expressed by investors during the last few weeks, as well as taking into account lack of the secondary market activity, IIB had offered its investors the opportunity to exit, showing a price of 95% of face value (94,29% since there was no payment of accrued… Read more

Fitch Ratings keeps IIB rating as investment grade

March 10, 2022

Following the decision of S&P Global that affirmed the long-term credit rating of International Investment Bank at “A-“ level with a negative outlook, on March 9, 2022 Fitch Ratings reviewed the institution’s long-term credit rating assigning “BBB” with a negative outlook. The decision affirms IIB’s average credit rating at investment grade. It is currently at par with a sovereign credit rating of Hungary, one of its main shareholder states. Despite a number of public announcements made by… Read more

News