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Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó:

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó: "The IIB headquarters relocation to Budapest serves to further reinforce Budapest’s international financial positions”

Source: Web Site of the Hungarian Government
“Hungarian-Russian relations have broken out of the recession caused by the international sanctions against Russia”, Minister of Foreign Affairs and Trade Péter Szijjártó declared on Thursday in Budapest at a press conference following the 11th session of the Hungarian-Russian Inter-Governmental Committee for Economic Cooperation. Mr. Szijjártó pointed out that the states of Western Europe are still concluding much larger deals with Russia today, but relations between Budapest and Moscow are…  Read more
Budapest Business Journal: IIB picks Hungary for European front office

Budapest Business Journal: IIB picks Hungary for European front office

Source: Budapest Business Journal
A memorandum of understanding on the establishment of a European front office in Hungary for the International Investment Bank (IIB) was signed in Budapest on Monday by Hungarian Minister of Finance Mihály Varga and IIB Chairman Nikolay Kosov. Through the local office, IIB can play a significant role in investments and corporate lending in Central and Eastern Europe, Varga was cited as saying by state news wire MTI after the signing. Corporate lending needs to expand further if Hungaryʼs…  Read more
Ministry of Finance of Hungary has issued the press-release welcoming the forthcoming establishment of IIB European Unit in Budapest

Ministry of Finance of Hungary has issued the press-release welcoming the forthcoming establishment of IIB European Unit in Budapest

Source: Web Site of the Hungarian Government
International Investment Bank to Open an Office in Budapest 18.06.2018 “The International Investment Bank (IIB) is opening a regional office in Budapest”, announced Deputy Prime Minister, Minister of Finance Mihály Varga on Monday, after signing a Memorandum of Understanding with Nikolay Kosov, Chairman of the Board of the International Investment Bank, The Minister stressed that Budapest is a dynamically developing international economic and financial centre, which has been proved by the fact…  Read more
Portal SME.SK: International banks have signed an agreement on establishing a joint group

Portal SME.SK: International banks have signed an agreement on establishing a joint group

Source: www.sme.sk
The International Investment Bank and the International Bank for Economic Cooperation have agreed on closer cooperation. YAROSLAVL, BRATISLAVA. The International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC) have agreed on closer cooperation with the aim to establish a joint banking group. At the regular meeting of the supreme decision-making body of the bank – the IIB Council - held in Yaroslavl, Russia, on 5 June, the Chairmen of the two banks Nikolay Kosov…  Read more
Finmarket Information Agency: IIB and IBEC could be integrated into banking group

Finmarket Information Agency: IIB and IBEC could be integrated into banking group

Source: ИА "Финмаркет"
6 June. FINMARKET.RU – The International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC) could be integrated into a single banking group, while both development institutions would remain standalone legal entities. As noted in the IIB’s statement, this initiative was referred to in the speeches of the Chairmen of IIB and IBEC boards at the IIB’s Council meeting – the latter’s highest management body, which includes high-ranking representatives of the nine…  Read more