On October 28, 2020 Russian national credit rating agency ACRA affirmed long-term credit rating of International Investment Bank at “A” on an international and at “AAA” on a local scale. Among key factors contributing to the decision ACRA point out a high level of management, effectiveness of the strategy, transparency of the Bank’s operations, as well as its strong capital position, asset management levels, risk management system, liquidity and funding strategy. Continuous shareholde…  Read more

International Investment Bank has signed the largest credit facility agreement in its recent history with the leading Hungarian state-owned energy holding, MVM Magyar Villamos Művek Zrt. (MVM Group). According to the terms of the deal, IIB will provide a loan of EUR 100 mln in HUF equivalent with a tenor of 15 years. The funds are aimed to support the large-scale modernization and further development of the Hungarian national natural gas energy infrastructure. MVM’s natural gas distribution…  Read more

A delegation of International Investment Bank headed by the Deputy Chairperson of the Management Board Georgy Potapov and the Deputy Chairperson of the Management Board Imre Laszlóczki took part in the foundation-laying ceremony of a an important family resort and recreation park, which will be built with the financial support of IIB. For the implementation of this significant initiative, designed to give a powerful impetus to the development of the entire tourism industry of the country,…  Read more

On September 8, 2020, Fitch Ratings upgraded IIB’s rating to A- from BBB+ “reflecting the ongoing diversification of the bank’s operations across the EU following the relocation of its’ headquarters to Budapest”. Fitch positively assesses IIB’ s overall Europeanisation strategy expressed in particular in a shift in the bank’s lending operations and shareholder structure, focusing on a larger share of lending in the region and an increased share of EU shareholders in the Bank. As the…  Read more

International Investment Bank became an anchor investor of a first corporate green bond issue on the Hungarian bond market, placed by CPI Hungary Investments Kft on the Budapest Stock Exchange. CPI Hungary Investments Kft is a division of CPI Property Group (CPIPG), one of the largest commercial real estate operators in Germany, the Czech Republic and Central and Eastern Europe. The Group, founded in 1991 and headquartered in Luxemburg, owns and manages an important high quality, long-term,…  Read more