IIB publishes audited 2019 financial results: relocation in Europe contributes to growth of net profit, assets and loan portfolio

February 13, 2020

On February 13, 2020, International Investment Bank (IIB) published audited IFRS financial statements for the past year. The Bank’s relocation to Europe gave a strong impetus to its comprehensive development. Despite large-scale events related to the relocation of IIB Headquarters to Budapest, in 2019 the Bank not only did not slow down the pace of its development, but also showed positive results in achieving the targets of its current Strategy. Statements demonstrate positive dynamics in… Read more

IIB signs a host-country Agreement with the Government of the Russian Federation regarding the seat in Russia. A round table on the current role of development financial institutions held on the sidelines of the event

February 12, 2020

On February 11, 2020, at the IIB office in Moscow (Russian Federation) a signing ceremony of the Agreement between the Government of the Russian Federation and International Investment Bank regarding the seat of the IIB Branch on the territory of the Russian Federation took place. On behalf of the Russian Government, the Agreement was signed by the Deputy Minister of Finance Sergey Storchak, also representing the country in IIB Board of Governors; on behalf of the Bank - the Chairperson of the… Read more

IIB named “Best bank for sustainable development in CEE”

January 24, 2020

International media holding Global Banking and Finance Review (GBFR) has published a list of 2019 GBFR Award winners. International Investment Bank awarded "Best Bank for Sustainable Development Central and Eastern Europe". Sustainable Development Goals (SDGs) are a list of strategic targets identified by the United Nations, which an international community strives to achieve until 2030. The United Nations identifies 17 goals aimed at sound stewardship of natural resources, expansion of… Read more

A press conference held in Budapest announced the launch of a transnational environmental project “CLEAN WATER. HAPPY TISZA” supported by IIB

January 23, 2020

On January 22, 2020, in Budapest (Hungary) during a press conference the start of a trans-border environmental project “Clean Water. Happy Tisza” was announced. This large-scale environmental program is implemented by the non-profit organization “Plastic Cup” and is aimed at combating plastic waste pollution in the basin of the second largest water artery of Hungary - the Tisza River. Earlier, in September 2019, International Investment Bank announced its decision to provide a grant fo… Read more

Hungary increases its share in the paid-in capital of the Bank

January 16, 2020

The Government of Hungary increased its share in the paid-in capital of International Investment Bank (IIB) contributing an amount of 10 million euro on January 15, 2020. This continues a new round of capitalisation of the Bank. Capitalisation programme 2020-2022 received support of the shareholder states of IIB during a historic meeting of the highest governing body of the Bank – the Board of Governors – that took place in December 2018 in Varadero (Republic of Cuba). As a result of this… Read more

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