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

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