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IIB successfully closes the book for its second largest debt transaction on the  Moscow Stock Exchange

IIB successfully closes the book for its second largest debt transaction on the Moscow Stock Exchange

International Investment Bank (А3(Moody's) / А-(S&P) / BBB+(Fitch Ratings)/ AAA(RU)(АCRA)) successfully closed an order book for the bonds in the nominal amount of RUB 7 billion, with a 5-year maturity. The bonds will be rated by ACRA by placement day. The settlement of the bonds is planned to take place on the April 29, 2020 on the Moscow Stock Exchange. After almost 2 years of absence in the Russian market, despite the volatile external environment caused by the COVID-19 across the globe…  Read more
Another contribution to the IIB paid-in capital: member states support the Bank in global crisis

Another contribution to the IIB paid-in capital: member states support the Bank in global crisis

On April 7, 2020, within the framework of the new capitalization programme approved by the IIB member states in the amount of up to 200 million euros, the Russian Federation transferred 10.64 million euros as a contribution to the paid-up capital of the Bank, bringing its total value to 370.25 million euros. Thus, Russia has become the first IIB shareholder to fully fulfil its obligations for the new round of capitalization due in 2020. Since the relocation of the IIB headquarters to Europe in…  Read more
S&P affirms “A-“ long-term rating for IIB with a stable outlook

S&P affirms “A-“ long-term rating for IIB with a stable outlook

On March 26, 2020, the international rating agency S&P Global affirmed the IIB “A-” long-term rating with a stable outlook. Among the main factors that contributed to this decision, S&P points out the Bank’s high level of capital adequacy and the effectiveness of the risk management system, which, according to the Agency, will allow the institution to confidently confront the challenges of the current period of high volatility in the global economy. S&P defines the financial profile of IIB…  Read more
IIB provides a new loan for support of Romanian agricultural sector

IIB provides a new loan for support of Romanian agricultural sector

On March 25, 2020, International Investment Bank (IIB) in accordance with the agreement signed earlier in February 2020, extended another loan facility to the Romanian company Agricover Credit IFN SA aimed at financing of business development of the countries’ agricultural producers. The loan with a tenor of 7 years was granted in RON and amounts to 10 million euros in equivalent. Agricover Credit IFN SA is a leading non-banking financial institution in Romania, which provides credit…  Read more
IIB acquires the historic Lánchíd Palota building for its headquarters in Budapest

IIB acquires the historic Lánchíd Palota building for its headquarters in Budapest

On March 24, 2020, International Investment Bank and DOB-68 ZRT Company in full accordance with the requirements of the Hungarian legislation signed the documentation on the acquisition of the historic Lánchíd Palota building, located at Fő u, 1 by the Bank. Constructed in the 19th century, this neo-Renaissance building is one of the most beautiful in Budapest. Designed by a famous Hungarian architect Miklós Ybl it is located on the bank of the Danube river, at the foot of the Buda Castle,…  Read more