News by tag: Council

108th Meeting of the IIB Council: a kick-start to new achievements in Bank’s strategic development

108th Meeting of the IIB Council: a kick-start to new achievements in Bank’s strategic development

The 108th Meeting of the International Investment Bank (IIB) Council was held on 6-8 December 2017 in Bratislava, the Slovak Republic. This was the first meeting of shareholders at the top managerial level after the approval of the Bank’s Development Strategy 2018–2022. It channeled efforts to meet the identified fundamental targets into a practical implementation phase. The heads of Delegations of the IIB member states noted the importance of defining priorities for meeting specific…  Read more
The New strategic era: IIB Council adopts Development Strategy until 2023

The New strategic era: IIB Council adopts Development Strategy until 2023

On June 26-27, 2017, the 107th Meeting of the Council of the International Investment Bank (IIB) took place in the Romanian capital Bucharest, gaining per se a historical significance in the context of the future of the Bank, which activities were relaunched as a result of the comprehensive reform of the year 2012. Its premier outcome is the unanimous approval by the member-states of the IIB’s Development Strategy for the period 2018-2022, which determines the global vector of the multilateral…  Read more
Member countries approve main directions of IIB’s medium-term development at the 106th Council Meeting

Member countries approve main directions of IIB’s medium-term development at the 106th Council Meeting

On December 7-9, 2016, headquarters of the International Investment Bank (IIB) hosted the events of the 106th Meeting of the IIB Council – the Bank’s highest governing body. The session’s agenda focused on issues of the Bank’s further strategic development and its transition towards a new governance structure. A number of other operational matters were also discussed. In his opening remarks, the Chairman of the IIB Board, Nikolay Kosov, noted: “The Bank has achieved financial stability,…  Read more
105th Meeting of IIB Council concluded – first IIB summit in Hungary after its return as a shareholder

105th Meeting of IIB Council concluded – first IIB summit in Hungary after its return as a shareholder

The Business Forum “Supporting Economic Growth in Hungary and the CEE Region” on June 24, 2016 brought to a conclusion the events of the 105th Meeting of the Council of the International Investment Bank (IIB) in Budapest. As the first meeting of the Bank’s highest governing body in Budapest in 16 years after Hungary’s exit from the Bank and its return to the IIB as a full-fledged member in 2015, it was a historical one. Currently, Hungary is the third largest shareholder of the IIB. The…  Read more
IIB provides a grant for mapping water resource risks in Hungary as part of WWF’s global initiative

IIB provides a grant for mapping water resource risks in Hungary as part of WWF’s global initiative

Continuing its practice of supporting environmental initiatives in its member states as a “green” development institution, the International Investment Bank (IIB) has decided to provide a EUR 30 000 grant to WWF Hungary for assessing and mapping water resource risks. During a ceremony as part of the Business Forum “Supporting Economic Growth in Hungary and the CEE Region”, IIB’s Chairman of the Board, Nikolay Kosov, presented the corresponding cheque to Katalin Sipos, Country Manager of WWF…  Read more