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"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
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