News by country: Socialist Republic Of Vietnam

The newly appointed Deputy Chairperson of IIB  Management Board Imre Lászlóczki reflects on the Bank's strategic development in his first  interview to Portfolio.hu

The newly appointed Deputy Chairperson of IIB Management Board Imre Lászlóczki 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 develops trade finance operations with non-member states

IIB develops trade finance operations with non-member states

International Investment Bank (IIB) continues to develop trade finance operations between the Bank’s member states and other countries. In early August, with the participation of the Belorussian Bank JSC “Bank Dabrabyt” and the Russian PJSC “Credit Bank of Moscow”, IIB implemented a pilot transaction in support of deliveries of perfumes and cosmetics from the Russian Federation to the Republic of Belarus. Bank Dabrabyt joined the IIB Trade Finance Support Program (TFSP) as an issuing bank,…  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
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