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IIB building up CEE identity after relocation of HQs to Budapest

IIB building up CEE identity after relocation of HQs to Budapest

Source: www.intellinews.com
By Levente Szilagyi in Budapest December 4, 2019 The International Investment Bank (IIB) is perfectly placed to grow further after the relocation of its HQ s to Budapest. Of the five major international development banks operating in the EU, IIB is the only one stationed in the region and it strives to keep its CEE identity by funding local companies and international businesses in the region, IIB chief economist Elliott Auckland, told BNE IntelliNews. The Central and Eastern Europe…  Read more
International Investment Bank is on the rise after relocating its headquarters to Budapest

International Investment Bank is on the rise after relocating its headquarters to Budapest

Source: www.portfolio.hu
During its second press conference in 2019 held today in Budapest, International Investment Bank announced that since the relocation of its headquarters from Moscow to Budapest, it has financed 19 new projects worth €373 million and its total loan portfolio can reach €1 billion by the end of the year. This is comparable to a mid-size Hungarian bank loan book. Among others, the Chairperson of IIB Management Board, Mr Nikolay Kosov, and the Deputy Chairperson of the Management Board,…  Read more
NEW INTERNATIONAL INVESTMENT BANK (IIB) BONDS ISSUE FLOATS ON BUCHAREST STOCK EXCHANGE

NEW INTERNATIONAL INVESTMENT BANK (IIB) BONDS ISSUE FLOATS ON BUCHAREST STOCK EXCHANGE

Source: BVB.RO
New International Investment Bank bonds issue floats on Bucharest Stock Exchange. IIB attracted RON 500mn, through a 3-year bond issue, at an interest rate of 3.98% p.a., the lowest costs ever for IIB obtained by its largest local currency bond issuance on the European markets so far. This is the fifth consecutive year in which IIB attracts funding through the Romanian capital market; the value of the amounts attracted in the five years raises to almost RON 2.2bn (EUR 467mn) International…  Read more
The newly appointed Deputy Chairperson of IIB  Management Board Imre Laszlóczki reflects on the Bank's strategic development in his first  interview to Portfolio.hu

The newly appointed Deputy Chairperson of IIB Management Board Imre Laszlóczki reflects on the Bank's strategic development in his first interview to Portfolio.hu

Source: Portfolio.hu
International Investment Bank will invest in car industry, agriculture, and tourism in Hungary. IIB has moved to Budapest, and has a new incumbent Hungarian Deputy Chairperson of the Management Board. We asked Imre Laszlóczki about business, as well as diplomacy. International Investment Bank (IIB) appointed a new Hungarian Deputy Chairperson of the Management Board in September. Those with little familiarity concerning the operation of the investment bank, owned by several countries, may find…  Read more
​Clean Water, Happy Tisza

​Clean Water, Happy Tisza

Source: National Geographic
Participants of the Tisza PET Cup have eliminated nearly 70 tons of pollutants in the river in 7 years. However, in order not to contaminate the restored areas with more flood or plastic, the Tisza countries need to cooperate. The first tasks include accurate mapping of the waste situation along the river and shaping the views of river communities. This is a unique opportunity for the Nature Film.hu Association's environmental initiative, the Tisza PET Cup. Three of the organizers of…  Read more