News by country: Russian Federation

IIB successfully registers its first ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

IIB successfully registers its first ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year). Through the MTN Programme IIB will be able to not only issue benchmark bonds in the international markets but also to flexibly use short market windows and issue private placements in hard or local currencies. The Programme…  Read more
IIB named “Best International Issuer of the year” by the Budapest Stock Exchange

IIB named “Best International Issuer of the year” by the Budapest Stock Exchange

On February 13, 2020, in Budapest (Hungary), the traditional Annual award ceremony took place. Following the debut HUF bond placement in March and the next HUF issue in October 2019, International Investment Bank was recognized by BSE as the “Best International Issuer of the Year” on the Hungarian Debt Capital Market. Jozef Kollár, the First Deputy Chairperson of IIB Management Board, in charge of Treasury and Funding, received the award from Mr. Richard Végh, BSE CEO. IIB has been…  Read more
IIB publishes audited 2019 financial results: relocation in Europe contributes to growth of net profit, assets and loan portfolio

IIB publishes audited 2019 financial results: relocation in Europe contributes to growth of net profit, assets and loan portfolio

On February 13, 2020, International Investment Bank (IIB) published audited IFRS financial statements for the past year. The Bank’s relocation to Europe gave a strong impetus to its comprehensive development. Despite large-scale events related to the relocation of IIB Headquarters to Budapest, in 2019 the Bank not only did not slow down the pace of its development, but also showed positive results in achieving the targets of its current Strategy. Statements demonstrate positive dynamics in…  Read more
IIB signs a host-country Agreement with the Government of the Russian Federation regarding the seat in Russia.  A round table on the current role of development financial institutions held on the sidelines of the event

IIB signs a host-country Agreement with the Government of the Russian Federation regarding the seat in Russia. A round table on the current role of development financial institutions held on the sidelines of the event

On February 11, 2020, at the IIB office in Moscow (Russian Federation) a signing ceremony of the Agreement between the Government of the Russian Federation and International Investment Bank regarding the seat of the IIB Branch on the territory of the Russian Federation took place. On behalf of the Russian Government, the Agreement was signed by the Deputy Minister of Finance Sergey Storchak, also representing the country in IIB Board of Governors; on behalf of the Bank - the Chairperson of the…  Read more
For the first time IIB loan and documentary portfolio exceeded 1 billion euros

For the first time IIB loan and documentary portfolio exceeded 1 billion euros

On December 12, 2019, after the disbursement of funds under two loans provided by International Investment Bank to the Romanian company “BT-Leasing” and to the Russian company “Nord Hydro-White Threshold», for the first time in IIB’s recent history the gross volume of loan and documentary portfolio exceeded the value of 1 billion euro having demonstrated a record growth of 18% since the beginning of 2019. The projects are aimed at the development of renewable energy in the Russian Federation,…  Read more