News by country: Mongolia

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 publishes financial results for the first half of 2019

IIB publishes financial results for the first half of 2019

International Investment Bank (IIB) published financial statements in accordance with IFRS for the first half of 2019. Data shows positive dynamics of all key indicators of activity, including assets, loan portfolio and capital. Reports were reviewed by auditors – EY Hungary. Financial Result The Bank concluded the reporting period with a profit of 2,87 mln euros as a result of net interest and fee income increase, improved quality of the loan portfolio with a sufficient level of reserves…  Read more
International Investment Bank headquartered in Budapest will focus on further sustainable development of member states economies and integration

International Investment Bank headquartered in Budapest will focus on further sustainable development of member states economies and integration

25th June 2019, Budapest - International Investment Bank has relocated its headquarters to Budapest, becoming the first and only multilateral development bank with Headquarters in the CEE region. According to the Bank’s strategy, the focus will be on providing financial support for sustainable and green initiatives both in Hungary and in the region and on strengthening of economic ties between its member states, said IIB Chairperson Nikolay Kosov at a press event. Strategy and future plans…  Read more