News by tag: Projects

IIB supports digital industry development: The Bank grants a loan to the global provider of IT solutions Softline Group

IIB supports digital industry development: The Bank grants a loan to the global provider of IT solutions Softline Group

International Investment Bank has disbursed the first tranche under a loan agreement signed with a global provider of IT solutions and services, the Softline Group (hereinafter referred to as the "Group"). According to the terms of the transaction, the Bank will provide a loan up to USD 26.3 million for a period of 7 years. The received financing will support further development of the Group's business, in particular, its expansion of geographical presence and acquisition of new assets.  Read more
IIB provides Russian  transport infrastructure support: the Bank extends a large loan for the construction of the Central Ring Road

IIB provides Russian transport infrastructure support: the Bank extends a large loan for the construction of the Central Ring Road

International Investment Bank issued a subordinated loan to support the construction of the Central Ring Road (CRR) in the Moscow Region of the Russian Federation. As part of this large-scale infrastructure project, a new 106-kilometer long section of the Central Ring Road was built, connecting the M-11 Moscow - St. Petersburg and M-7 Volga highways. The estimated speed of vehicles on this modern high-speed four-lane highway is about 140 km/h. The implementation of the project is aimed at…  Read more
IIB will provide EUR 100 mln credit facility to MVM Group for the development of the Hungarian energy infrastructure - the largest loan disbursement in the Bank’s recent history

IIB will provide EUR 100 mln credit facility to MVM Group for the development of the Hungarian energy infrastructure - the largest loan disbursement in the Bank’s recent history

International Investment Bank has signed the largest credit facility agreement in its recent history with the leading Hungarian state-owned energy holding, MVM Magyar Villamos Művek Zrt. (MVM Group). According to the terms of the deal, IIB will provide a loan of EUR 100 mln in HUF equivalent with a tenor of 15 years. The funds are aimed to support the large-scale modernization and further development of the Hungarian national natural gas energy infrastructure. MVM’s natural gas distribution…  Read more
IIB supports the development of strategic Hungarian tourism industry: the Bank will provide a loan for the construction of an important family resort and recreation centre on Lake Balaton.

IIB supports the development of strategic Hungarian tourism industry: the Bank will provide a loan for the construction of an important family resort and recreation centre on Lake Balaton.

A delegation of International Investment Bank headed by the Deputy Chairperson of the Management Board Georgy Potapov and the Deputy Chairperson of the Management Board Imre Laszlóczki took part in the foundation-laying ceremony of a an important family resort and recreation park, which will be built with the financial support of IIB. For the implementation of this significant initiative, designed to give a powerful impetus to the development of the entire tourism industry of the country,…  Read more
For the first time IIB loan and documentary portfolio exceeded 1 billion euros

For the first time IIB loan and documentary portfolio exceeded 1 billion euros

On December 12, 2019, after the disbursement of funds under two loans provided by International Investment Bank to the Romanian company “BT-Leasing” and to the Russian company “Nord Hydro-White Threshold», for the first time in IIB’s recent history the gross volume of loan and documentary portfolio exceeded the value of 1 billion euro having demonstrated a record growth of 18% since the beginning of 2019. The projects are aimed at the development of renewable energy in the Russian Federation,…  Read more