News by tag: Authorized capital

Hungary increases its share in the paid-in capital of the Bank

Hungary increases its share in the paid-in capital of the Bank

The Government of Hungary increased its share in the paid-in capital of International Investment Bank (IIB) contributing an amount of 10 million euro on January 15, 2020. This continues a new round of capitalisation of the Bank. Capitalisation programme 2020-2022 received support of the shareholder states of IIB during a historic meeting of the highest governing body of the Bank – the Board of Governors – that took place in December 2018 in Varadero (Republic of Cuba). As a result of this…  Read more
Mongolia’s contribution to IIB’s authorised capital concludes the “Year of Asia” at the Bank

Mongolia’s contribution to IIB’s authorised capital concludes the “Year of Asia” at the Bank

As another step that brings the International Investment Bank closer to the completion of its capitalisation programme, adopted by IIB’s member states in June 2013, on December 28 Mongolia contributed EUR 435 000 to the Bank’s authorised capital. Thus, the IIB’s paid-in capital has already increased by EUR 138 million in total. Mongolia’s contribution reflects its share in the Bank’s capital at the time when the decision on additional capital was adopted and increases it correspondingly to…  Read more
Bulgaria increased International Investment Bank's capital

Bulgaria increased International Investment Bank's capital

The Government of the Republic of Bulgaria made an additional contribution to the authorized capital of the International Investment Bank. EUR 12,36 million was transferred to the IIB’s account. The IIB’s paid-in capital increased to EUR 270 million. Thus Bulgaria completely fulfilled its obligations in the framework of the IIB’s recapitalization program which was approved at the 99th meeting of the Council…  Read more