International Investment Bank posts record profit for 2020

The International Investment Bank published its financial statements for 2020, with a record net profit figure of 7.2 billion Euro, which is 28 percent higher than the same indicator for the previous year.

At the end of 12 months of 2020, the total volume of the Bank’s assets reached EUR 1.621 bn, having increased by 19% over the reporting year. Such dynamics are primarily related to the growth of loan and investment support provided by the Bank to its member states, to overcome the negative consequences of the pandemic, among other things; as well as to an increase in the volume of highly liquid treasury assets accumulated to strengthen the liquidity buffer during a period of high turbulence in the global economy.