News by country: Slovak Republic

IIB issues another eco-grant: the Bank will support “Clear Water. Happy Tisza

IIB issues another eco-grant: the Bank will support “Clear Water. Happy Tisza" project

International Investment Bank announces the allocation of an eco-grant to support a large-scale environmental program “Clear water. Happy Tisza” aimed at combating the plastic pollution of Hungary’s second largest river. The implementation of this project will help build an effective digital platform to protect Tisza basin from plastic pollution, as well as consolidate efforts of volunteers, local communities, authorities and business to solve this environmental problem of vital importance…  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
Organization for Economic Cooperation and Development (OECD) has included IIB in the list of international institutions eligible for acceptance of the Official Development Assistance (ODA)

Organization for Economic Cooperation and Development (OECD) has included IIB in the list of international institutions eligible for acceptance of the Official Development Assistance (ODA)

Following the joint application submitted to OECD by Hungary and the Slovak Republic, the Development Assistance Committee (DAC) decided to include International Investment Bank in the Official Development Assistance (ODA) program. The Development Assistance Committee is a unique international platform of the largest providers of economic aid promoting inclusive and sustainable growth in developing countries. IIB has been included in the list of international organizations, through which such…  Read more
The Slovak Republic – International Investment Bank Technical Assistance Fund pilot project in Vietnam successfully accomplished

The Slovak Republic – International Investment Bank Technical Assistance Fund pilot project in Vietnam successfully accomplished

The Slovak Republic – International Investment Bank Technical Assistance Fund (SR-IIB TAF) has successfully finalized its first project in Vietnam. Supporting the innovative technology transfer from Slovakia to Vietnam, and enhancing sustainability and economic strength of Vietnam´s agricultural sector, the project fully meets the TAF mission and its goals. The eight-month project “Provision of technical assistance to Pewas s.r.o. in regard to the verification of the Aquaholder®…  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