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Final Step in the Relocation to Europe: new permanent IIB Headquarters officially opened in Budapest

Final Step in the Relocation to Europe: new permanent IIB Headquarters officially opened in Budapest

On February 19, 2021, an official inauguration of permanent headquarters of International Investment Bank situated in a historic Lánchíd Palota building (Fo utca, 1) took place in Budapest. Governors of two major shareholders of the Bank – the Russian Federation and Hungary – on the IIB Board of Governors, Deputy Prime Minister, Minister of Finance of Hungary Mr. Mihaly Varga and Deputy Finance Minister of the Russian Federation Mr. Timur Maksimov were among the special guests of the…  Read more
IIB boosts investment volumes in member states in 2020

IIB boosts investment volumes in member states in 2020

Year 2020 - the 50th Anniversary year since the foundation of International Investment Bank - was marked as a period of unprecedented challenges of a global scale. The COVID-19 pandemic continues to impose its serious impact on the economic growth of IIB shareholders with no exception, while further exacerbating the need for development financing. Responding to such demands IIB, despite the external turbulences, managed to maintain and even ramp up the dynamics of its lending operations in the…  Read more
Growth of net profit, assets and loan portfolio: IIB publishes financial results for 2020.

Growth of net profit, assets and loan portfolio: IIB publishes financial results for 2020.

On February 4, 2021, International Investment Bank (IIB) published audited IFRS financial statements for the year 2020. Despite the global economic crisis caused by the COVID-19 pandemic, the Bank once again demonstrates a high level of financial stability and success in achieving strategic targets thanks to high efficiency of the corporate governance system, timely adopted anti-crisis measures, growing trust of the international financial and business community, as well as support from the…  Read more
Historically Lowest Coupon Ever Achieved – IIB Places a New Private Placement with 3-year Maturity at 0,119% p.a.

Historically Lowest Coupon Ever Achieved – IIB Places a New Private Placement with 3-year Maturity at 0,119% p.a.

IIB had executed a 3-year maturity private placement with a coupon set at 0,119% p.a. under IIB’s MTN Programme registered on Dublin Stock Exchange displaying a significant credit spread tightening in comparison to the Bank’s last year deals and bringing IIB’s new cost of funds to the historic low. Organizer of the deal was Raiffeisen Bank International, one of IIB’s dealers under the MTN Programme. The bonds will be subsequently listed on the regulated market of the Dublin Stock Exchange.  Read more
IIB intensifies its dialogue with the Hungarian business: the Bank presented its services to the SMEs – members of the  Eastern Europe Business Club.

IIB intensifies its dialogue with the Hungarian business: the Bank presented its services to the SMEs – members of the Eastern Europe Business Club.

On January 21, 2020, International Investment Bank, supported by the Eastern Europe Business Club (Kelet-európai üzleti klub, EEBC), held a presentation of its products and services for the Hungarian companies. Founded in 1992, the Club is a reputable public organization, which aims to promote and develop business cooperation between the Hungarian enterprises and the companies from Eastern Europe and the CIS States. This significant online business event was attended by more than 80…  Read more