News by country: Czech Republic

Russian capital hosts the third meeting of the IIB Board of Directors

Russian capital hosts the third meeting of the IIB Board of Directors

On May 31, 2019 a third meeting of the IIB Board of Directors took place in Moscow (Russian Federation). This event became an important milestone in continuous development of the Bank not only due to the importance of topics on the agenda and of decisions taken, but also considering the fact that it was the final meeting of the Board of Directors held in Moscow. All following gatherings will take place in the Hungarian capital – new headquarters location of the Bank. Greeting…  Read more
IIB top management held a working meeting with representatives of the international audit and consulting company EY

IIB top management held a working meeting with representatives of the international audit and consulting company EY

On May 21, 2019, IIB top management held a working meeting with representatives of the international audit and consulting company EY, which was appointed as the Bank's auditor as a result of an international tender procedure. The company presented managers of EY Hungary, who will carry out ongoing cooperation with IIB after the relocation of the Bank’s headquarters from Moscow to Budapest. The IIB Chairperson of the Management Board Nikolay Kosov addressed the audience with a welcoming…  Read more
IIB  held a  meeting of the Ambassadors’ Club

IIB held a meeting of the Ambassadors’ Club

On May 20, 2019 in Moscow, International Investment Bank held a regular meeting of the IIB Ambassadors’ Club, which brought together the heads of diplomatic missions of the Bank's member states in Russia. As an honorary guest the event was also attended by Deputy Minister of Finance of the Russian Federation Sergei Storchak, who represents Russia on the IIB Board of Governors. The format of this regular meeting, established by IIB in 2013, implies a multilateral constructive dialogue on the…  Read more
IIB successfully taps existing CZK bond issue marking up historically low cost of funds

IIB successfully taps existing CZK bond issue marking up historically low cost of funds

On 15th April 2019 International Investment Bank successfully closed a tap to the existing CZK 750 million Floating Rate Notes issued last year and due on April 2021. Erste Group Bank AG acted as Lead Manager of the deal. The issue will proceed with a dual listing on both the Prague and Vienna stock exchanges analogous to the initial one. The tap amounted to CZK 750 million (approx. 29 million euros) with pricing set at a discounted margin of 3M Pribor + 35 bps, as compared to 3M Pribor +…  Read more
Statement of the IIB Management Board

Statement of the IIB Management Board

International Investment Bank has received a number of inquiries from Hungarian and international news agencies in the last few days related to frequently appearing false information related to the Bank activities, replicated lately in various mass media. The IIB Management Board deems it necessary to clarify a number of key aspects of this reporting. This is an official commentary from the Bank to the following unfounded allegations. 1. «Russia’s International Investment Bank…»…  Read more