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IIB Management Board holds a follow-up meeting after Board of Directors and Board of Governors gatherings

IIB Management Board holds a follow-up meeting after Board of Directors and Board of Governors gatherings

On September 19, 2019 the Management Board of International Investment Bank held its regular meeting to reflect on the results of historic Board of Directors and Board of Governors events that took place on September 16-17 in Budapest and became the first meetings of the highest governing bodies of IIB since the institution relocated its headquarters to the Hungarian capital. Chairperson of the IIB Management Board Nikolay Kosov noted with satisfaction the high praise shareholders expressed in…  Read more
Completion of relocation, increase in capital, new  appointments – Budapest hosts the first meetings of IIB Board of Directors and Board of Governors after the Bank’s move to Europe

Completion of relocation, increase in capital, new appointments – Budapest hosts the first meetings of IIB Board of Directors and Board of Governors after the Bank’s move to Europe

On September 16 - 17, 2019 International Investment Bank Board of Directors and Board of Governors meetings took place in Budapest. These events had historical significance being the first ones after the Bank’s relocation to the Hungarian capital. Naturally, Hungarian vector prevailed throughout the course of events. Prior to meetings of the governing bodies of IIB Hungary opened a new round of the Bank’s capitalization with a contribution to IIB paid-in capital in the amount of 10 million…  Read more
Fitch Ratings has improved the outlook for IIB long-term BBB+ rating from “stable” to “positive”

Fitch Ratings has improved the outlook for IIB long-term BBB+ rating from “stable” to “positive”

On September 11, 2019 Fitch Ratings improved the outlook for IIB long-term rating BBB + from “stable” to “positive”. This is a second in 2019 and already a sixth positive rating action on the Bank from leading international rating agencies since the beginning of 2018. Fitch calls the ongoing comprehensive improvement of the institute's business profile the main factor that contributed to this decision. The Agency’s report points out that as a result of successful relocation to Budapest…  Read more
IIB joins the unique professional HR community of international financial institutions

IIB joins the unique professional HR community of international financial institutions

HR Department representatives of International Investment Bank took part in the annual meeting of the International Financial Institutions Compensation and Human Recourses Specialists Group, which took place on August 27-29 this year in Vienna (Austria). The OPEC Fund for International development hosted the event. Established in 1997 initiated by several major IFIs, including International Monetary Fund, World Bank, Asian Development Bank and Inter-American Development Bank, today this…  Read more
Minister of State for Financial Policy Affairs of Hungary Gabor Gion visits IIB Headquarters

Minister of State for Financial Policy Affairs of Hungary Gabor Gion visits IIB Headquarters

On August 28, 2019 Minister of State for Financial Policy Affairs of Hungary Gabor Gion, Deputy Governor of the IIB Board of Governors, paid a visit to the Bank’s Headquarters. Mr. Gion met with the Chairperson of the Management Board Nikolay Kosov, Board members and key managers of IIB. The high-ranked guest was informed about the successful completion of the institution’s Headquarters relocation to Europe. It was underlined that as a result, the decision – making center, the Bank’s…  Read more