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

March 30, 2020

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

March 27, 2020

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

March 25, 2020

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

IIB successfully registers its first ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

March 23, 2020

The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year). Through the MTN Programme IIB will be able to not only issue benchmark bonds in the international markets but also to flexibly use short market windows and issue private placements in hard or local currencies. The Programme… Read more

IIB Announcement on the COVID 19 pandemic situation

March 16, 2020

Dear Clients and Partners of International Investment Bank, Taking into account the global pandemic situation related to coronavirus infection (COVID 19), in order to protect the health of its employees the Management Board of IIB has taken a decision to temporarily close the office of IIB Headquarters situated at Váci út 188, Budapest 1138 as a precautionary measure and transfer all staff into remote work mode starting March 17, 2020. We assure our partners and clients that the Bank’s… Read more

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