IIB boosts investment volumes in member states in 2020

The International Investment Bank announces it has managed to maintain and even ramp up the dynamics of its lending operations in 2020 in the member states in an ‘efficient manner meeting the year-end targets set out by the shareholders’.

The loan and documentary portfolio reached over one billion Euro, with another 400 million Euro in the pipeline at various stages of assessment. Since 2019 (the year of IIB’s relocation to Europe), the gross loan portfolio has grown by 27 percent, whereas the aggregate investments have reached nearly one billion Euro.

A qualitative transformation of the loan book continued throughout the last year. With an increased demand for IIB financing, 2020 resulted in the Bank’s commitments to a significant volume of longer-term and larger tickets infrastructure projects of high priority and with a stronger developmental impact for member states’ economies.

The share of European projects has grown noticeably now amounting to around 61 percent of the total portfolio.

Significant increase in financing is being demonstrated by IIB in its host member state – Hungary. If before the Headquarters relocation, the country’s share in the Bank’s loan book was around 6 percent of the total amount, at the year 2020 end it stood at 14 percent. Since 2015, the year of Hungary’s return to IIB as a shareholder, the accumulated volume of investments into the Hungarian economy is approaching 400 million Euro level.  

The Russian Federation – the biggest IIB shareholder – remained amongst the leading recipients of its investments. Current volume of projects implemented in the interests of Russian companies exceeds 220 million Euro with such strategic sectors entered in 2020 as transport infrastructure, IT and digitalization, water and sanitation, etc.