International Investment Bank and Steppe Metal Powder LLC (SMP) from Mongolia have concluded a loan agreement for the amount of 8 million euros for a period of 6 years. The first tranche of the loan was transferred on June 5, 2020. The funds allocated by the Bank will be used for the construction and installation of a modern high-tech plant that will produce copper and copper (bronze, copper and brass) alloy powders in Mongolia. Introducing the most advanced British and German technologies…  Read more

On June 5, 2020, the 6th meeting of the Board of Directors of International Investment Bank took place. The delegations of IIB member states discussed preliminary results of the Banks' activities since the beginning of this year and took a number of important decisions. For the first time in its history, the meeting was held in an online format. IIB’s successfully integrated modern custom-made IT system ensured effective and full-fledged remote interaction of all its governing bodies, as well…  Read more

International Investment Bank invested in the debut placement of green bonds arranged by the Hungarian Government Debt Management Agency Pte. Ltd - ÁKK. The issue with a total volume of 1.5 billion euros was the first green sovereign bonds placement in the history of the country. It faced a strong demand from a wide range of both Hungarian and international investors showing five times oversubscription. The funds were raised within the “Sovereign Green Bonds Framework of Hungary” and will…  Read more

International Investment Bank and the largest cashmere producer of Mongolia - GOBI JSC, have concluded a loan agreement for the amount of 30 million euros for a period of 7 years. According to the provisions of the agreement, GOBI intends to direct these funds to the development of its current activities and to ensure the supply continuity of high-quality raw materials from local herders for the production of world famous Mongolian cashmere. Mongolia accounted for 48% of the world raw…  Read more

On May 19, 2020 International Investment Bank successfully executed the second transaction under its MTN Programme, which was registered this March on the Dublin Stock Exchange. Czech koruna (CZK)-denominated bonds in the total volume of CZK 621 million (approximately EUR 22,6 million) were issued with a maturity of three years and will be listed on Euronext Dublin. The deal was executed through UniCredit AG, one of the six dealers under the Programme.  Read more