News by country: Hungary

Interim results of IIB operations after its relocation to Europe: the Bank enhances its lending and investment activities in the interest of member states

Interim results of IIB operations after its relocation to Europe: the Bank enhances its lending and investment activities in the interest of member states

The meeting of the Management Board of International Investment Bank (23d since the actual relocation of the Bank’s Headquarters to Budapest) took place this week, where among other issues, a number of investment projects were discussed. In the last six months, the Bank managed to maintain the pace and even increase volumes of its lending and investment activities. A significant decrease in the cost of funding attracted in member states capital markets played an important role in that. In…  Read more
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