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IIB supports strategic CEE automotive industry: the Bank will provide a loan to Schaeffler AG, a leading automotive and industrial supplier operating in five IIB member states

IIB supports strategic CEE automotive industry: the Bank will provide a loan to Schaeffler AG, a leading automotive and industrial supplier operating in five IIB member states

International Investment Bank has approved its EUR 50 million participation in a ten-year tranche financing, for Schaeffler AG's Schuldscheindarlehen (SSD) issuance. The operation will directly contribute to the sustainable development of the automotive industry, which is of strategic importance for many of the IIB European shareholders as it generates a significant share of employment, GDP and exports. The proceeds from the Bank’s designated tranche will be used for support of investments,…  Read more
IIB makes another important step to support financial markets development of its member states: the Bank becomes an anchor investor of a first green corporate bond issue in Hungary

IIB makes another important step to support financial markets development of its member states: the Bank becomes an anchor investor of a first green corporate bond issue in Hungary

International Investment Bank became an anchor investor of a first corporate green bond issue on the Hungarian bond market, placed by CPI Hungary Investments Kft on the Budapest Stock Exchange. CPI Hungary Investments Kft is a division of CPI Property Group (CPIPG), one of the largest commercial real estate operators in Germany, the Czech Republic and Central and Eastern Europe. The Group, founded in 1991 and headquartered in Luxemburg, owns and manages an important high quality, long-term,…  Read more
The high – level meeting at the House of the Government of the Russian Federation

The high – level meeting at the House of the Government of the Russian Federation

On July 31, 2020, the Chairperson of the IIB Management Board Nikolay Kosov was received by Deputy Prime Minister of the Russian Federation Alexei Overchuk, who oversees the matters of international economic cooperation in the Cabinet of Ministers. The Head of IIB provided information on the Bank’s history, presented the results of its successful relaunch, informed the Deputy Prime Minister about current dynamic development of the institution. The IIB Chairperson also briefed his…  Read more
IIB publishes financial results of the first half of 2020: growth of net profit, assets and loan portfolio.

IIB publishes financial results of the first half of 2020: growth of net profit, assets and loan portfolio.

On July 30, 2020, International Investment Bank (IIB) published IFRS financial statements for the first half of this year. Despite the global economic crisis caused by the COVID-19 pandemic, thanks to effective management and timely anti-crisis measures the Bank demonstrates a high level of financial stability and success in achieving strategic targets. Statements once again show positive dynamics in all key performance indicators, including growth of profit, assets, capital, loan portfolio,…  Read more
Deputy Minister of Finance of the Russian Federation Timur Maksimov visited the IIB Branch in Moscow.

Deputy Minister of Finance of the Russian Federation Timur Maksimov visited the IIB Branch in Moscow.

On July 29, 2020, Deputy Minister of Finance of the Russian Federation Timur Maksimov, who was appointed to represent Russia in the Board of Governors of International Investment Bank back in May, paid his visit to the IIB Branch in Moscow, where he held a working meeting with the Chairperson of the IIB Management Board Nikolay Kosov. Mr. Kosov introduced key members of the IIB international team to Mr. Maksimov, informed him about the successful implementation of the current Strategy, as…  Read more