News by country: Hungary

IIB continues to actively develop its partnership network: a number of meetings took place with leading Hungarian financial institutions

IIB continues to actively develop its partnership network: a number of meetings took place with leading Hungarian financial institutions

Building on successful completion of the headquarters relocation to Budapest International Investment Bank held a series of bilateral meetings with management of major Hungarian banks – key players on the domestic financial market. The main topic of a rather intense agenda was the analysis of opportunities related to mutually beneficial cooperation. Among a wide range of topics, cofinancing of investment projects, diversification of funding sources and cooperation in treasury operations were…  Read more
IIB Chairperson Nikolay Kosov addressed the participants of the third Budapest Water Summit: “It’s time to unite all efforts to protect water resources on a global scale”

IIB Chairperson Nikolay Kosov addressed the participants of the third Budapest Water Summit: “It’s time to unite all efforts to protect water resources on a global scale”

The Chairperson of IIB Management Board Nikolay Kosov took part in the third Budapest Water Summit, which was held in the Hungarian capital on October 15-17, 2019. Representatives of global political, financial and economic elite, heads of national and multilateral development institutions and international organizations, authoritative public figures and opinion leaders, prominent scientists and environmentalists participated in this important and already traditional international forum,…  Read more
IIB successfully placed its second HUF bond issue

IIB successfully placed its second HUF bond issue

Capitalizing on the Headquarters’ relocation to Budapest and the strategic plan to enhance its presence in Europe International Investment Bank (IIB or the Bank) has successfully closed the order book for the second HUF bond transaction with a 3-year maturity and a fixed coupon on the Budapest Stock Exchange. Based on a very strong demand the Bank allocated the amount of HUF 22,5 billion (EUR 67,5 million equivalent). Lead managers of the transaction were OTP Bank and UniCredit Bank Hungary.  Read more
The newly appointed Deputy Chairperson of IIB  Management Board Imre Laszlóczki reflects on the Bank's strategic development in his first  interview to Portfolio.hu

The newly appointed Deputy Chairperson of IIB Management Board Imre Laszlóczki reflects on the Bank's strategic development in his first interview to Portfolio.hu

International Investment Bank will invest in car industry, agriculture, and tourism in Hungary. IIB has moved to Budapest, and has a new incumbent Hungarian Deputy Chairperson of the Management Board. We asked Imre Laszlóczki about business, as well as diplomacy. International Investment Bank (IIB) appointed a new Hungarian Deputy Chairperson of the Management Board in September. Those with little familiarity concerning the operation of the investment bank, owned by several countries, may find…  Read more
 IIB acquired new SWIFT code - IIBMHU22: the Bank successfully completed the relocation and received confirmation of its status as an international financial institution with European registration

IIB acquired new SWIFT code - IIBMHU22: the Bank successfully completed the relocation and received confirmation of its status as an international financial institution with European registration

International Investment Bank is pleased to inform partners, clients and investors that since October 5, 2019 the Bank has obtained a new “European” SWIFT code - IIBMHU22. This significant event marked the successful completion of the Bank’s relocation to Europe from financial, accounting, administrative, legal and fiscal points of view. The new SWIFT code will serve as an additional important signal for IIB contractors, correspondent banks and the entire international financial community that…  Read more