International Investment Bank has doubled its existing revolving loan facility to Heliosagri International SA (Romania) (Trans-Oil Group) to extend its business activity in Romania. In 2019, the Bank provided an initial loan of EUR 10 million to the company for its acquisition of a vegetable oil production plant located in Ţăndărei, Romania. The current financing increase to EUR 20 million will be allocated to further expand operations of the plant. Trans-Oil Group is a major holding engaged… Read more
News by tag: Partnership
IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum "Russian-Hungarian Trade and Industrial Dialogue"
On October 12, 2021, as part of the development of mutually beneficial bilateral ties between the business communities of Russia and Hungary, a business forum "Russian-Hungarian Trade and Industrial Dialogue" was held in Budapest. The Hungarian Chamber of Commerce and Industry, the Moscow Chamber of Commerce and Industry, the working group of the Russian Union of Industrialists and Entrepreneurs (RUIE) on Russian-Hungarian economic and investment cooperation as well as a number of professional… Read more
IIB is further consolidating its European investor base with a new EUR deal in the volume of EUR 50 mln, which was organized by the new dealer of the day under MTN Programme - DZ Bank. The transaction, which accommodated interest of three investors in 2-year bond, had again reached a negative yield, further improving IIB’s cost of funds despite the recent volatility and increased interest rate environment. The placement comes subsequent to a successful non-deal roadshow in European financial… Read more
IIB continues to support vital healthcare sector: Medicover Group receives financing from the Bank for further development
International Investment Bank has become a creditor in the framework of Medicover Group’s Schuldscheindarlehen (SSD) issuance. Helaba – Landesbank Hessen-Thueringen, Frankfurt - the Bank’s long-standing partner in the private placement and Schuldschein sector – acted as sole-lead arranger for the transaction. The Group will allocate the proceeds from the designated ten-year tranche for further technological modernization and expansion of its operations in the CEE region, primarily, in three of… Read more
Year 2020 - the 50th Anniversary year since the foundation of International Investment Bank - was marked as a period of unprecedented challenges of a global scale. The COVID-19 pandemic continues to impose its serious impact on the economic growth of IIB shareholders with no exception, while further exacerbating the need for development financing. Responding to such demands IIB, despite the external turbulences, managed to maintain and even ramp up the dynamics of its lending operations in the… Read more