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With a new loan granted to GTLK, IIB reaches a key target of the Bucharest Strategy ahead of schedule: the net loan portfolio of the Bank exceeded EUR 1.2 billion

With a new loan granted to GTLK, IIB reaches a key target of the Bucharest Strategy ahead of schedule: the net loan portfolio of the Bank exceeded EUR 1.2 billion

International Investment Bank provided the Russian State Transport Leasing Company (GTLK) with a new loan of up to EUR 40 million with a tenor of 7 years. The borrower intents to allocate the proceeds for the implementation of international leasing transactions through its GTLK Global leasing platform. The loan is also aimed to promote the development of aviation and maritime transport infrastructure, as well as to expand the accessibility of transport operators to the services of the leade…  Read more
IIB supports gender equality and sustainability in Mongolia with a loan to Trade and Development Bank (TDBM)

IIB supports gender equality and sustainability in Mongolia with a loan to Trade and Development Bank (TDBM)

International Investment Bank (IIB) issued a loan facility of USD 15 million to one of Mongolia’s leading commercial banks – Trade and Development Bank of Mongolia (TDBM). The 5-year-term facility will provide funding for TDBM’s two specialised programmes aimed at further enhancement of the country’s sustainable development, namely, the Women Entrepreneurship Support Program (WESP) and Green Loan Program. In Mongolia, SMEs, especially women-led businesses, play an important role in the…  Read more
IIB marks seven years of successful issuances in Romanian Lei with new transaction

IIB marks seven years of successful issuances in Romanian Lei with new transaction

On 12th October 2021, IIB traded altogether its ninth deal in Romanian Lei. Since 2015, the Bank had been annually returning to the RON market, obtaining a frequent issuer status. The 2-yr RON 200 mln transaction (EUR 40 mln equivalent) organized by IIB’s long-standing partner UniCredit has been successfully concluded despite the elevated volatility on the RON bond market Both local investors and offshore investors bought the deal while the split by investor type reflects asset managers,…  Read more
IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum

IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum "Russian-Hungarian Trade and Industrial Dialogue"

On October 12, 2021, as part of the development of mutually beneficial bilateral ties between the business communities of Russia and Hungary, a business forum "Russian-Hungarian Trade and Industrial Dialogue" was held in Budapest. The Hungarian Chamber of Commerce and Industry, the Moscow Chamber of Commerce and Industry, the working group of the Russian Union of Industrialists and Entrepreneurs (RUIE) on Russian-Hungarian economic and investment cooperation as well as a number of professional…  Read more

"Supranational banks have one big advantage over traditional ones." IIB First Deputy Chairperson Mr. JOZEF KOLLÁR speaks to HOSPODÁRSKÉ NOVINY

MÁRIO BLAŠČÁK (MB), HOSPODÁRSKÉ NOVINY. JOZEF KOLLÁR (JK), FIRST DEPUTY CHAIRPERSON OF INTERNATIONAL INVESTMENT BANK. Translated from Slovak. MB: The world will need money after the pandemic. There is actually a lot of money and many sources of financing available, but some traditional commercial institutions may be replaced by alternative sources of financing like supranational institutions. That is why today we will be talking with the First Deputy Chairperson of International…  Read more