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

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

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

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
IIB named “Best International Issuer of the year” by the Budapest Stock Exchange

IIB named “Best International Issuer of the year” by the Budapest Stock Exchange

On February 13, 2020, in Budapest (Hungary), the traditional Annual award ceremony took place. Following the debut HUF bond placement in March and the next HUF issue in October 2019, International Investment Bank was recognized by BSE as the “Best International Issuer of the Year” on the Hungarian Debt Capital Market. Jozef Kollár, the First Deputy Chairperson of IIB Management Board, in charge of Treasury and Funding, received the award from Mr. Richard Végh, BSE CEO. IIB has been…  Read more
IIB publishes audited 2019 financial results: relocation in Europe contributes to growth of net profit, assets and loan portfolio

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

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

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

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