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Strengthening and development of Russian-Hungarian cooperation: IIB delegation took part in the 14th plenary meeting of the bilateral IGC

Strengthening and development of Russian-Hungarian cooperation: IIB delegation took part in the 14th plenary meeting of the bilateral IGC

On November 26, 2021, in Obninsk (Russian Federation), within the framework of strengthening of interstate cooperation, the 14th plenary meeting of the Russian-Hungarian Intergovernmental Commission on Economic Cooperation was held. IIB has been a member of the Russian-Hungarian IGC since 2016, when Hungary returned to the Bank as a member state. The event was chaired by the Minister of Health of the Russian Federation Mikhail Murashko and Minister of Foreign Affairs and Trade of Hungary…  Read more
IIB and Pet Kupa presented results of

IIB and Pet Kupa presented results of "Clear Water. Happy Tisza" initiative aimed at saving this important water artery of the CEE region from plastic pollution

The Plastic Cup Mapped the Waste Situation at the Tisza from its Spring to its Mouth: Nearly 4000 polluted areas registered on the new waste map. The cross-border programme launched by the Plastic Cup two years ago and sponsored by International Investment Bank (IIB) resulted in a great Tisza Expedition, which mapped the total length of the river. As part of the CLEAN WATER, HAPPY TISZA programme, experts, volunteers and waste management specialists of the Plastic Cup assessed the hotspots of…  Read more
Expanding partnership network – IIB signs a bilateral loan agreement with Budapest-based KDB Bank Europe

Expanding partnership network – IIB signs a bilateral loan agreement with Budapest-based KDB Bank Europe

On November 15 2021, IIB signed a bilateral loan agreement in the amount of HUF 5.8 bn (EUR 16 mln equivalent) for 3-year floating rate lending facility with Budapest-based KDB Bank Europe. The aim of the facility is to support further expansion of IIB’s corporate loan portfolio denominated in Hungarian forint. The transaction serves as diversification of the Bank’s funding instruments and investors from eight different bond issues successfully executed under MTN Programme, in a total amount of…  Read more
IIB continues an active dialogue with its member states: Minister of State of the Ministry of Foreign Affairs and Trade of Hungary Dr. Csaba Balogh paid a visit to IIB Headquarters in Budapest

IIB continues an active dialogue with its member states: Minister of State of the Ministry of Foreign Affairs and Trade of Hungary Dr. Csaba Balogh paid a visit to IIB Headquarters in Budapest

Minister of State of the Ministry of Foreign Affairs and Trade Dr. Csaba Balogh visited IIB Headquarters in Budapest, where he met with the Chairperson of the Management Board Nikolay Kosov and members of the Management Board. Head of IIB informed his high-ranked guest about key strategic priorities of the institution, recent results of its activities, primary plans and investment opportunities with the focus on Hungary and Europe. It was emphasized by all meeting participants that IIB…  Read more
An important step towards expansion of the shareholder structure: the Government of the Republic of Serbia and IIB signed a Memorandum of Understanding

An important step towards expansion of the shareholder structure: the Government of the Republic of Serbia and IIB signed a Memorandum of Understanding

On October 29, 2021, within the course of the visit of the IIB delegation to Belgrade, a signing of the Memorandum of Understanding between International Investment Bank and the Government of the Republic of Serbia took place. This important document defines the main parameters of Serbia's potential membership in IIB. On behalf of the Republic of Serbia, the Memorandum was signed by the Minister of Finance Siniša Mali, from International Investment Bank – by the Chairperson of the Management…  Read more