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IIB kicks off 2022 funding year with two strong transactions

IIB kicks off 2022 funding year with two strong transactions

On January 18, 2022, IIB kicked off the execution of its funding plan, with two very successful RON and CZK transactions traded under the Bank’s MTN Programme. For the first time, two trades were executed in the same day, despite the challenging market context, taking the opportunity of a favorable market window to close both transactions at tightest spreads for respective maturities and currencies. The Romanian Lei 3-year deal, which was arranged by UniCredit AG and executed at lowest spread…  Read more
Continuous shareholder support: IIB receives a paid-in capital injection from the Slovak Republic

Continuous shareholder support: IIB receives a paid-in capital injection from the Slovak Republic

The Republic of Slovakia made a EUR 4,43 million contribution to the paid-in capital of International Investment Bank, thus fulfilling its obligations for the current year under the 2020-2022 Capitalization Program. As a result of this transaction, the Bank’s paid-in capital reached EUR 424,87 million. Since the relocation of the IIB Headquarters to Budapest in summer 2019, the paid-in capital of the institution has increased by more than EUR 85 million. The volume of the loan and…  Read more

"IIB has boosted its investments in member states, significantly increasing its loan portfolio." - IIB Chairperson Nikolay Kosov shared the highlights of the Bank's operations in 2021 with the Hungarian news agency MTI

Current year will go down in IIB history as yet another year of milestones and fulfilled targets. Results of the relocation to Europe, envisaged and hoped for by member states, while taking that decision, did not wait long to appear and they continue to pick momentum.Two and a half years of what we call the “Hungarian boost” brought: an increase in the loan portfolio by 59%, a strategic target of the Bucharest Strategy for the end of 2022 – 1.2 billion euro, was reached in October this year more…  Read more
The fourth meeting of the IIB Board of Governors: new shareholder state, implementation of the current strategy ahead of schedule,  targeted further growth

The fourth meeting of the IIB Board of Governors: new shareholder state, implementation of the current strategy ahead of schedule, targeted further growth

On December 8, 2021 the fourth meeting of the Board of Governors of International Investment Bank, the highest governing body of the institution, took place. The event was organized in a hybrid form: six out of nine shareholders were present in person at IIB Headquarters in Budapest, and three others participated online. This is the first Board of Governors meeting after the Bank moved to the historic Lanchid Palota building on a permanent basis. Earlier, on December 6, 2021 the Board of…  Read more
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