Due to US sanctions and the designation of International Investment Bank in the US OFAC SDN list, the Bank is currently deprived of the ability to conduct financial operations. Due to the de-facto termination of Hungary's membership in International Investment Bank, IIB has exhausted basis for further operations from its headquarters in Budapest and in the European Union. The Bank has commenced a relocation of its operations and functions of its headquarters from Hungary to Russia. The…  Read more

US sanctions imposed against IIB - a multilateral development institution - threaten legitimate interests of its clients, partners and counterparties. With deep regret, IIB states that currently, because of the imposed US sanctions, it has been deprived of the possibility to fulfil obligations to its counterparties. Nevertheless, the Bank has accumulated enough financial resources and assets to honour commitments towards its partners in full. IIB has already begun to contact…  Read more

On February 17, 2023, a criminal hacker attack against International Investment Bank was carried out resulting in an unauthorized mass fake e-mail distribution on behalf of certain IIB officials. In cooperation with the law enforcement authorities of the host country, the Bank is currently undertaking all necessary measures to investigate this offense promptly, to identify the criminals and bring them to justice. During the course of investigation IIB refrains from any comment on this matter.  Read more