![International Investment Bank upgraded to A- by Fitch Ratings Agency](https://res.cloudinary.com/iibbank/image/upload/fl_progressive,w_400,c_limit/publications/yBBh9IgcJImutzROXn0aYqLyARCRSqkgQNJ.jpg)
International Investment Bank upgraded to A- by Fitch Ratings Agency
On September 8, 2020, Fitch Ratings upgraded IIB’s rating to A- from BBB+ “reflecting the ongoing diversification of the bank’s operations across the EU following the relocation of its’ headquarters to Budapest”. Fitch positively assesses IIB’ s overall Europeanisation strategy expressed in particular in a shift in the bank’s lending operations and shareholder structure, focusing on a larger share of lending in the region and an increased share of EU shareholders in the Bank. As the… Read more