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

On 29th September IIB had successfully placed new RON issuance in the volume of 340 million (approx. EUR 70 million) under the IIB’s MTN Programme registered on the Dublin Stock Exchange. The 3-year maturity bond has a coupon of 3,393%, representing 30 bps spread over the Romanian Government bonds. The euro after-swap price obtained reflects the lowest ever long-term cost of funds for IIB set up at 0,395% p.a. The lead manager of this successful placement was BT Capital partners, which had…  Read more

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

The Slovak Republic made a EUR 2,955 million contribution to the paid-in capital of IIB, thus fulfilling its obligations for the current year under the 2020-2022 Capitalization Program aimed at the implementation of Development Strategy. As a result of this transaction, the Bank’s paid-in capital reached EUR 378,71 million. Slovakia became the third Member State of IIB to meet its obligations for the present year in full, following the contributions of Hungary and the Russian Federation…  Read more

Since the registration of its MTN Programme in Dublin Stock Exchange in March 2020, IIB has been actively issuing bonds under it. The Programme has once again proved to be one of the main pillars of the Bank’s funding strategy, with a newly executed HUF 15 bn deal (approx. EUR 42 mln). UniCredit AG acted as the lead manager of the issuance. The operation was IIB’s third transaction this year under the MTN Programme and brought further currency diversification, following previous deals in…  Read more