International Investment Bank (IIB)
International Investment Bank (IIB) is a multilateral development financial institution that promotes social and economic development, prosperity, and economic cooperation between its member states.
IIB was founded on the basis of an intergovernmental Agreement Establishing the International Investment Bank and its Charter. The Agreement, which is an international treaty, was signed by all the member states of the Bank on July 10, 1970, and registered with the United Nations Secretariat under registration number 11417.
The Bank has 9 member states, namely the Republic of Bulgaria, the Czech Republic, the Socialist Republic of Vietnam, the Republic of Cuba, Mongolia, the Russian Federation, Romania, the Slovak Republic and Hungary. Membership in the Bank is open to other states, as well as to international financial organizations.
The headquarters of the Bank is in Budapest. IIB is the only multilateral development bank with headquarters in the region of Central and Eastern Europe.
Main directions for its activities are the support of the small and medium-sized businesses and participation in financing socially significant infrastructure projects.
Sustainability and sound investment is at the heart of IIB’s business. IIB has undergone a large-scale relaunch to become an effective multilateral financial institution, which operates in the interests of sustainable development of its shareholders. Our mission is to facilitate connectivity and integration between their economies for the purpose of ensuring sustainable and inclusive growth, competitiveness and deversification.
OTP Group as a dominant banking player in Hungary and the Central and Eastern European region provides high quality financial services for its more than 20 million private and corporate clients in eleven countries through its almost 1700 branches, agent networks, 5000 ATMs, internet and electronic channels and with its almost 40 000 employees. Since its 1949 founding, the company has developed to a universal financial service provider banking group. In 1990, the National Savings Bank became a public company with a share capital of HUF 23 billion. Its name was changed to the National Savings and Commercial Bank. Subsequently, non-banking activities were separated from the bank, along with their supporting organizational units.
OTP Bank’s privatization began in 1995. As a result of 3 public offers along with the introduction of the bank’s shares into the Budapest Stock Exchange. Currently the bank is characterized by dispersed ownership of mostly private and institutional (financial) investors. OTP Bank has completed several successful acquisitions in the past years, becoming a key player in the region. Besides Hungary, OTP Group currently operates in 10 countries of the region via its subsidiaries: in Albania ( OTP bank Albania) Bulgaria (DSK Bank, Expressbank), in Croatia (OTP banka Hrvatska), in Romania (OTP Bank Romania), in Serbia (Vojvodjanska banka), in Slovenia (SKB Bank), in Ukraine (CJSC OTP Bank), in Moldova (Mobiasbanca), in Montenegro (Crnogorska komercijalna banka, Podgoricka banka) and in Russia (OAO OTP Bank).The continued development and expansion of OTP Bank have significantly contributed to the successful and efficient operation of the banking group, which can provide high quality services for both the retail and the institutional clients. Despite the intense competition OTP Bank market position is stable in several segments, as well as in terms of profitability and stability the bank belongs to the European frontline.
Creditinfo Group is a provider of credit information and risk management solutions worldwide. The company facilitates access to finance, through intelligent information, software and analytics solutions. With a global presence in over 45 countries, Creditinfo has the vision and proven solutions to move into new credit bureau markets and create successful partnerships with lenders, governments, central banks and the people required to deliver an infrastructure which will increase financial inclusion and generate economic growth by allowing credit access for SMEs and individuals.