International Investment Bank

Battered by Sanctions and Shareholder Exits, Is End Nigh for Russian ‘Spy Bank’ in Hungary?

This was then followed on February 25 by some ominous-sounding comments from Orban's chief of staff, Gergely Gulyas, who in response to journalist enquiries about the viability of the IIB admitted that "it's in an extremely difficult situation [and] I don't know if it's possible to save the bank."

Financial position of households keeps improving

Ljubljana – The financial position of Slovenian households continues to improve as their assets had increased more than debt until the end of the third quarter of 2020. The surplus of assets over debt stood at EUR 45.2 billion, a rise by EUR 3.9 billion at the annual level, the central bank’s report shows.

IIB Places a New CZK-Denominated Bond under the MTN Programme

On May 19, 2020 International Investment Bank successfully executed the second transaction under its MTN Programme, which was registered this March on the Dublin Stock Exchange. Czech koruna (CZK)-denominated bonds in the total volume of CZK 621 million (approximately EUR 22,6 million) were issued with a maturity of three years and will be listed on Euronext Dublin.

Hungary Increases its Share in the Paid-in Capital of the International Investment Bank (IIB)

The Government of Hungary increased its share in the paid-in capital of International Investment Bank (IIB) contributing an amount of 10 million euro on January 15, 2020. This continues a new round of capitalisation of the Bank.

The European Investment Bank has Financed Bulgaria with EUR 1.5 Billion

For the past five years, the European Investment Bank has provided 1.5 billion euros for the Bulgarian economy. Last year alone, the bank provided EUR 103 million in loans for various projects and the European Investment Fund supported eight projects worth a total of EUR 114 million.

Two Banks to Cooperate in Funding Bulgarian Business Projects

The Bulgarian Development Bank (BDB) and the International Investment Bank (IIB) will cooperate in providing funds for Bulgarian business projects.

This became clear after the two financial institutions signed a Memorandum of Cooperation in Sofia on Tuesday, the press office of the BDB informs.