The best risk management practices were the focus of a discussion at a regular annual meeting of the Global Emerging Markets Risk Database Consortium (GEMs), which this year was organized and conducted under the auspices of International Investment Bank. The Consortium, founded by International Finance Corporation (IFC) and European Investment Bank (EIB), now includes twenty-one international development institutions. IIB joined the GEMs at the end of 2015. A three-day event involving…  Read more

International Investment Bank always gives special attention to the issues of strict adherence to corporate ethics and standards of good conduct both by the Bank employees and representatives of IIB partners and counterparties. To reduce potential risks of misconduct and unfair practices, IIB has developed and applied the Anti-Money Laundering, Fraud and Corruption Policy and the Code of Ethics, new editions of which were recently approved by the Board of Directors in 2019. In order to increase…  Read more

The first meeting of IIB Management Board after the relocation of the headquarters was held in Budapest (Hungary). Opening the meeting, the Chairperson of the Management Board Nikolay Kosov congratulated the IIB top managers on the commencement of full-fledged activities of the Bank at its new European address. Nikolay Kosov noted with satisfaction that, despite on-going large-scale relocation activities, the Bank did not slow down its active daily work for a minute, and in some…  Read more

International Investment Bank is strengthening its team and on the basis of international competition has selected new highly qualified specialists who have joined IIB in its Headquarters in Budapest, Hungary. Bácsi Ferenc Bacsi Ferenc graduated from Budapest University of Economic Sciences where got a degree of economist. Mr. Bacsi has more than 40 years of professional experience in the Ministry of Finance of Hungary. Since 1978 he was responsible for cooperation with IIB and participated…  Read more

25th June 2019, Budapest - International Investment Bank has relocated its headquarters to Budapest, becoming the first and only multilateral development bank with Headquarters in the CEE region. According to the Bank’s strategy, the focus will be on providing financial support for sustainable and green initiatives both in Hungary and in the region and on strengthening of economic ties between its member states, said IIB Chairperson Nikolay Kosov at a press event. Strategy and future plans…  Read more