On September 8, 2020, Fitch Ratings upgraded IIB’s rating to A- from BBB+ “reflecting the ongoing diversification of the bank’s operations across the EU following the relocation of its’ headquarters to Budapest”. Fitch positively assesses IIB’ s overall Europeanisation strategy expressed in particular in a shift in the bank’s lending operations and shareholder structure, focusing on a larger share of lending in the region and an increased share of EU shareholders in the Bank. As the…  Read more

On March 24, 2020, International Investment Bank and DOB-68 ZRT Company in full accordance with the requirements of the Hungarian legislation signed the documentation on the acquisition of the historic Lánchíd Palota building, located at Fő u, 1 by the Bank. Constructed in the 19th century, this neo-Renaissance building is one of the most beautiful in Budapest. Designed by a famous Hungarian architect Miklós Ybl it is located on the bank of the Danube river, at the foot of the Buda Castle,…  Read more