International Investment Bank is strengthening its team and on the basis of international competition has selected new highly qualified specialists who have joined IIB in its Headquarters in Budapest, Hungary. Bácsi Ferenc Bacsi Ferenc graduated from Budapest University of Economic Sciences where got a degree of economist. Mr. Bacsi has more than 40 years of professional experience in the Ministry of Finance of Hungary. Since 1978 he was responsible for cooperation with IIB and participated…  Read more

25th June 2019, Budapest - International Investment Bank has relocated its headquarters to Budapest, becoming the first and only multilateral development bank with Headquarters in the CEE region. According to the Bank’s strategy, the focus will be on providing financial support for sustainable and green initiatives both in Hungary and in the region and on strengthening of economic ties between its member states, said IIB Chairperson Nikolay Kosov at a press event. Strategy and future plans…  Read more

International Investment Bank (the IIB) strongly supports the health care system in Mongolia. Under Trade Finance Support Programme (TFSP) the IIB provided short term financing for deliveries of a Cessna medical airplane exported by the renowned American manufacturer Textron Aviation Inc. to the private Grand Med Hospital in Ulaanbaatar. Short-term financing was provided through Mongolian Golomt Bank LLC that participates in the IIB TFSP as an issuing bank. In 2018 Golomt Bank LLC was awarded…  Read more

On June 5, 2019 within the framework of St. Petersburg International Economic Forum 2019 (SPIEF) the III Award Ceremony for international cooperation and development of foreign economic activity took place. Chairperson of the Management Board of International Investment Bank Nikolay Kosov was among the prizewinners. Founders of the award are: Russian Chamber of Commerce, Moscow Centre for International Cooperation (the Government of Moscow) and “Kommersant” publishing house. SPIEF organisers -…  Read more

On June 3, 2019 within the framework of his officialvisit to the Russian Federation Vice President of the Council of Ministers of the Republic of Cuba Ricardo Cabrisas Ruis held a bilateral meeting with the Chairperson of the Management Board of International Investment Bank Nikolay Kosov. High level Cuban officials, as well as board members and management of the financial institution were also in presence. Head of IIB updated the Cuban delegation on the status of practical implementation of…  Read more