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

UPDATING Coronavirus – Orbán: Hungary Closes Borders for All Passenger Transport, Gov’t Bans All Events

March 16, 2020

Hungary will close its borders for all passenger transport and only Hungarian citizens will be allowed to enter, Prime Minister Viktor Orbán said on Monday. International coordination talks on the closure are under way, he said in parliament. Gov’t bans all events from Monday midnightAll events in Hungary will be banned starting at midnight on Monday, Prime Minister Viktor Orbán said in parliament, adding that sporting events should be held behind closed doors unless the organisers cancel… Read more

Shareholder Support: paid-up capital of IIB increases by 10 million euros

March 16, 2020

In accordance with the decision of IIB member states, which envisages the implementation of a new capitalization program in the amount of up to 200 million euro till 2022, the Russian Federation made a contribution to the IIB paid-in capital. As a result of this 10 million euro transaction, the Bank’s paid-in capital reached 359.61 million euro. The consistent implementation of the capitalization program will allow the Bank not to reduce the accumulated growth rate of lending and investment… Read more

Supported by the Hungarian Ministry of Foreign Affairs and Trade IIB held a presentation for Hungarian exporters

February 20, 2020

On February 18, 2020, International Investment Bank (IIB) together with the Ministry of Foreign Affairs and Trade of Hungary hosted a business breakfast dedicated to the topic of support of Hungarian export companies. Among the participants of this significant business event were the owners and top managers of leading Hungarian exporting SMEs, representing such key sectors of as agriculture, food processing, mechanical engineering, household and medical equipment manufacturing,… Read more

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