IIB successfully placed its second HUF bond issue

October 17, 2019

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

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

October 11, 2019

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

August 8, 2019

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

August 2, 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

July 24, 2019

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

News by country: Socialist Republic of Vietnam