On February 4, 2021, International Investment Bank (IIB) published audited IFRS financial statements for the year 2020. Despite the global economic crisis caused by the COVID-19 pandemic, the Bank once again demonstrates a high level of financial stability and success in achieving strategic targets thanks to high efficiency of the corporate governance system, timely adopted anti-crisis measures, growing trust of the international financial and business community, as well as support from the… Read more
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Historically Lowest Coupon Ever Achieved – IIB Places a New Private Placement with 3-year Maturity at 0,119% p.a.
IIB had executed a 3-year maturity private placement with a coupon set at 0,119% p.a. under IIB’s MTN Programme registered on Dublin Stock Exchange displaying a significant credit spread tightening in comparison to the Bank’s last year deals and bringing IIB’s new cost of funds to the historic low. Organizer of the deal was Raiffeisen Bank International, one of IIB’s dealers under the MTN Programme. The bonds will be subsequently listed on the regulated market of the Dublin Stock Exchange. Read more
IIB intensifies its dialogue with the Hungarian business: the Bank presented its services to the SMEs – members of the Eastern Europe Business Club.
On January 21, 2020, International Investment Bank, supported by the Eastern Europe Business Club (Kelet-európai üzleti klub, EEBC), held a presentation of its products and services for the Hungarian companies. Founded in 1992, the Club is a reputable public organization, which aims to promote and develop business cooperation between the Hungarian enterprises and the companies from Eastern Europe and the CIS States. This significant online business event was attended by more than 80… Read more
IIB continues to develop partnerships with the European financial community: the institution joins Hungarian Banking Association
International Investment Bank has obtained an Observer status in Hungarian Banking Association (HBA). The main goal of this influential professional community established in 1989 and uniting over 50 largest international and national financial institutions is a comprehensive development of the Hungarian banking sector in the interest of support of not only the national economy, but also the European economy overall. In 2004, HBA became a member of European Banking Federation. Among key… Read more
IIB supports digital industry development: The Bank grants a loan to the global provider of IT solutions Softline Group
International Investment Bank has disbursed the first tranche under a loan agreement signed with a global provider of IT solutions and services, the Softline Group (hereinafter referred to as the "Group"). According to the terms of the transaction, the Bank will provide a loan up to USD 26.3 million for a period of 7 years. The received financing will support further development of the Group's business, in particular, its expansion of geographical presence and acquisition of new assets. Read more