News by country: Romania

IIB actively develops dialogue with member states: first meeting of the Ambassadors Club after headquarters relocation took place in the Ministry of Foreign Affairs and Trade of Hungary

IIB actively develops dialogue with member states: first meeting of the Ambassadors Club after headquarters relocation took place in the Ministry of Foreign Affairs and Trade of Hungary

On November 29, 2019, IIB held a first after its Headquarters relocation to Europe meeting of the Ambassadors Club – heads of diplomatic missions of the Bank’s shareholder states in Budapest. At the suggestion of the Hungarian side, the meeting took place at the Ministry of Foreign Affairs and Trade. Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó and Minister of State for Financial Policy Affairs of Hungary Gabor Gion, who represents the country as Vice Governor in the Board…  Read more
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 successfully executes the largest RON bond placement

IIB successfully executes the largest RON bond placement

On October 30th 2019, IIB successfully closed the order book for its fifth and largest RON bond issue on the Bucharest Stock Exchange. In terms of volume this issue is the largest outstanding corporate/supranational bond ever on the Romanian market and represents the first fixed rate bond issued in Romania by the Bank. The placement was organized by BT Capital Partners S.A. (Investment Banking & Capital Markets arm of Banca Transilvania Financial Group) and ING BANK N.V. AMSTERDAM - SUCURSALA…  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