IIB now operational in Hungary
The International Investment Bank has now relocated its headquarters to Budapest, becoming the first and only multilateral development bank with Headquarters in the CEE region.
The International Investment Bank has now relocated its headquarters to Budapest, becoming the first and only multilateral development bank with Headquarters in the CEE region.
In December, the Board of Governors of the International Investment Bank took a decision to move its headquarters to Budapest. Here are five facts you should know about the IIB...
Minister Varga said moving the IIB headquarters to Hungary will further strengthen the role of the country and Budapest as an international financial center
IIB member states unanimously voted to relocate the bank’s headquarters to Hungary and authorized the bank to sign the relevant accord at a board meeting last December
The Hungarian headquarters of the IIB will open in the second half of 2019, and according to plans its headquarters will move to Hungary within two to three years