International Investment Bank

What International Investment Bank does

International Investment Bank (IIB) is a multilateral development institution established on 10 July 1970 by the former COMECON member states and registered with the United Nations Secretariat on 1 December 1971 under number 11417. Operating as an intergovernmental organization with sovereign immunities and privileges, the Bank facilitates connectivity and integration between the economies of its current member states — the Russian Federation, the Socialist Republic of Vietnam, Mongolia, and the Republic of Cuba. Its headquarters seat was relocated from Budapest to Moscow on 9 April 2024 following a unanimous Board of Governors decision. The Bank is governed by representatives of member-state finance ministries and central banks, with no private-equity or venture-capital ownership.

IIB's product suite comprises direct project financing, two-tier lending through financial intermediaries (commercial banks, national development banks, leasing companies), documentary products (letters of credit, guarantees), the Trade Finance Support Programme (TFSP) issuing guarantees, Standby Letters of Credit, Irrevocable Reimbursement Undertakings, and trade-related loans covering up to 100% of face value, plus equity and investment-fund investments supporting SMEs, innovation, modernization, energy efficiency, and clean technology. Revenue is generated through interest income on loans, trade-finance fees, and investment returns; the Bank maintains a EUR 1.5 billion Euro Medium Term Note Programme listed on Euronext Dublin, with bonds issued in RON, CZK, HUF, EUR, and RUB.

The Bank reported total assets of EUR 1.134 billion and net profit of EUR 11.5 million for FY2024, signaling stabilization and return to profitability despite EU-based asset blockage. Distribution operates through a partner-bank network across member states, capital-markets issuance for wholesale funding, and direct project financing for larger transactions. The core technology stack is conventional banking infrastructure; no proprietary AI/ML systems or differentiated platform technology is disclosed. Marketing and stakeholder engagement are conducted through institutional channels — official website, press releases, Ambassador Club meetings with member-state representatives, and participation in bilateral and multilateral business forums.

Name

International Investment Bank

Legal name

International Investment Bank

Website

https://iib.int

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Multilateral Development Banking

NAICS

Commercial Banking (522110), Other Financial Investment Activities (5239)

SIC

International Affairs (9721), Foreign Governments (8888)

akta.pro primary industry

Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)

akta.pro secondary industries

Policy Banks (Government-Directed Lending Banks) (FSABAKAM), Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF), Private Credit — Infrastructure Debt & Project Finance (FSAHAJAJ)

Keywords

• Multilateral development banking
• Project financing services
• Trade finance guarantees
• SME credit lines
• Intergovernmental lending

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Lending and Project Financing: Medium and long-term financing of investment projects in member states with significant positive social, economic and environmental impact. Revenue generated through interest income on loans.
2. Trade Finance Services: Trade Finance Support Programme providing guarantees, SBLCs, Irrevocable Reimbursement Undertakings (IRUs), and trade-related loans covering face value of trade finance instruments.
3. Investments in Equity and Investment Funds: Investments in corporate capital and investment funds supporting SMEs, innovation, modernization, and sustainable development projects.
4. Bond Issuances: EUR 1,500,000,000 Euro Medium Term Note Programme. Bonds issued in RON, CZK, HUF, EUR, and RUB across multiple series.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

International Investment Bank provides medium- and long-term financing to investment projects, SMEs, export-import operations, and trade finance transactions across its member states. Its product portfolio includes direct project financing, financing of financial intermediaries, documentary products (letters of credit and guarantees), the Trade Finance Support Programme (guarantees, SBLCs, IRUs, trade-related loans), and equity/fund investments. Services are delivered through a combination of direct lending and a two-tier scheme via partner banks and leasing companies.

Product overview

International Investment Bank (IIB) is a multilateral development institution offering a comprehensive suite of banking and financial services. The product portfolio includes financing programmes (direct project financing, financing through intermediaries), trade finance instruments (TFSP with guarantees, SBLCs, IRUs, trade related loans), documentary products, and equity/fund investments. The bank focuses on supporting small and medium-sized enterprises, innovation and new technologies, trade and economic cooperation, and resource conservation/energy efficiency across its member states. Products are delivered through single-tier (direct) and two-tier (via financial intermediaries) lending approaches, with additional support programmes for export-import operations and economic integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Financing of Intermediaries Two-level loan scheme providing financing to small and medium-sized enterprises through partner commercial banks and leasing companies in IIB member states.
• Investment Projects (Project Financing) Direct financing for investment projects implemented by economic entities of IIB member states or third-party countries, supporting sustainable development of member states.
• Documentary Products Documentary instruments including letters of credit, guarantees, and other documentary operations supporting trade and investment activities for clients in member states.
• Trade Finance Support Programme (TFSP) Programme providing guarantees, SBLCs, Irrevocable Reimbursement Undertakings (IRUs), and trade-related loans covering up to 100% of the face value of trade finance instruments for issuing banks in member states.
• Investments in Equity and Investment Funds Corporate capital investments and investments in investment funds supporting SMEs, innovation, modernization, energy efficiency, and ecology projects in IIB member states.
• Support of Small and Medium-Sized Enterprises Priority financing programme for SMEs focusing on innovation, modernization, resource saving, energy efficiency, and mutual exchange of experience and technology among member states.
• Economic Integration Support Programme Programme promoting multilateral projects implemented by economic entities of one or more IIB member states, supporting cooperation, innovation, modernization, and sustainable development.
• Support of Export-Import Operations Programme supporting export growth of goods and services from IIB member states and facilitating mutual investments through single or two-tier lending approaches.

Quantifiable outcome

• Asset growth to EUR 1.134 billion with profit of EUR 11.5 million in 2024 despite external restrictions
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered supporting, core and major.

• Eurohold Bulgaria ADsupportingChannel Partner/ Reseller/ Distributor · 4 February 2022Loan provided to support international expansion of Bulgarian business through Eurohold Bulgaria AD group.
• Black Sea Trade and Development BanksupportingStrategic or Co-development Partner · 3 March 2013Cooperation activation meeting focused on socially significant and infrastructure projects in Eastern Europe. Exchange of views on role of international development institutions.
• Vietnamese State BanksupportingChannel Partner/ Reseller/ Distributor · 19 February 2013Meetings held on cooperation expansion in Vietnam. IIB presented country strategy and investment project programs for Vietnamese market development.
• European Bank for Reconstruction and Development (EBRD)coreStrategic or Co-development Partner · 19 February 2013Joint syndicated lending cooperation for SME financing in Mongolia and other member states. IIB delegation visited EBRD London headquarters to discuss treasury operations, capital markets, and risk management.
• European Investment Bank (EIB)supportingStrategic or Co-development Partner · 19 February 2013IIB delegation visited EIB Luxembourg headquarters to learn about credit operations, treasury operations, corporate governance, and risk management systems.
• Bulgarian Development BankmajorChannel Partner/ Reseller/ Distributor · 1 February 2013EUR 20 million credit line approved for SME support in Bulgaria over 7 years. Can also provide loans to Bulgarian commercial banks for similar projects.
• VTB BankcoreStrategic or Co-development Partner · 30 January 2013Memorandum of cooperation signed for syndicated lending of investment projects, trade financing arrangement, and interaction on financial markets. VTB and IIB agreed on cooperation for intergovernmental programs.
• Belarusian Bank of Development (BelVnesheconombank)majorStrategic or Co-development Partner · 16 January 2013Cooperation agreement for long-term partnership to intensify economic cooperation between Belarus and IIB member states. Banks agreed on joint investment project financing, credit lines for SME support.
• Central Cooperative Bank (Bulgaria)supportingChannel Partner/ Reseller/ Distributor · 4 December 2012Opened limits for financial market operations with IIB. One of Bulgaria's oldest banks and top 10 national financial institutions.
• Xac Bank (Mongolia)supportingChannel Partner/ Reseller/ Distributor · 12 November 2012IIB participated in syndicated loan of USD 8 million (total USD 30 million with EBRD) to Xac Bank for SME lending. Mongolia's leading bank for small business and microfinance.
• Vietnam-Russia Joint Venture BanksupportingChannel Partner/ Reseller/ Distributor · 1 November 2012Memorandum of intentions signed for USD/RUB/VND currency settlements, trade finance operations, and cooperation with VTB group. 50% owned by VTB.
• Eurasian Development Bank (EABR)coreStrategic or Co-development Partner · 30 October 2012Expanded cooperation discussions included joint Direct Investment Fund creation, project selection mechanisms, and new participant attraction. Goal is projects in member states promoting mutual economic integration.
• Slovak Bank of Guarantees and Development (SZRB)coreStrategic or Co-development Partner · 15 October 2012Cooperation agreement for economic cooperation between Slovakia and other IIB member states. SZRB specializes in state guarantees and loans for SMEs, infrastructure, energy efficiency, and environmental projects. 100% owned by Slovak Ministry of Finance.
• External Econombank (Vnesheconombank/VEB)coreStrategic or Co-development Partner · 1 January 2012Strategic cooperation agreement signed with state corporation Bank for Development and Foreign Economic Affairs. Goal is exhaustive long-term cooperation on Russian and international markets.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Others

• VTB Bank: Russian state-controlled universal bank with extensive international operations and historical role in IIB cooperation. It is an adjacent peer to IIB given the strategic cooperation agreement covering syndicated lending, trade financing arrangements, and financial market interaction.

Broad incumbents

• International Finance Corporation (IFC): Private-sector arm of the World Bank Group investing in emerging markets with focus on development impact and commercial returns. It is a broad incumbent peer to IIB given overlapping SME and project financing mandate across emerging markets, though IFC operates at materially greater scale and global footprint.
• Asian Development Bank (ADB): Regional multilateral development bank promoting economic development across Asia-Pacific. It is a broad incumbent peer to IIB given overlap in member states (Vietnam, Mongolia) and shared development financing mandate, though ADB operates at significantly greater scale and with a larger, more diversified membership.
• Asian Infrastructure Investment Bank (AIIB): Multilateral development bank focused on infrastructure development across Asia, with a broad membership of over 100 countries including some non-Asian members. It is a broad incumbent peer to IIB given overlap in infrastructure project financing mandate and shared Asian member-state footprint (Vietnam).

Direct peers

• European Investment Bank (EIB): European Union's multilateral lending institution owned by EU member states, providing long-term project financing. It is a direct peer to IIB given comparable intergovernmental ownership structure, project financing mandate, and knowledge-exchange engagement on credit operations, treasury operations, and risk management systems.
• Eurasian Development Bank (EDB): Multilateral development bank founded in 2006 by Russia, Kazakhstan, and Belarus to promote economic integration and sustainable development across the Eurasian region. It is a direct peer to IIB given overlapping regional mandate, shared member-state relationships (Russia), and partnership history including proposed joint Direct Investment Fund creation.
• European Bank for Reconstruction and Development (EBRD): Multilateral development bank investing in private-sector projects across Central and Eastern Europe, Central Asia, and the Southern/Eastern Mediterranean. It is a direct peer to IIB given joint syndicated lending cooperation for SME financing in Mongolia and other member states, and shared multilateral development bank model.
• Black Sea Trade and Development Bank: Regional multilateral development bank supporting economic cooperation and sustainable development in the Black Sea region. It is a direct peer to IIB given comparable development financing mandate, similar member-state structure, and existing cooperation agreement focused on socially significant and infrastructure projects in Eastern Europe.

Emerging players

• New Development Bank (NDB / BRICS Bank): Multilateral development bank established by BRICS countries (Brazil, Russia, India, China, South Africa) to fund infrastructure and sustainable development projects. It is an emerging peer to IIB given overlap in member states (Russia), shared development-bank mandate, and growing role in providing non-Western-aligned development financing.
• Inter-American Development Bank (IDB): Multilateral development bank supporting economic and social development across Latin America and the Caribbean. It is an emerging peer to IIB given overlap in member-state relationships (Cuba) and similar development financing mandate focused on Latin American economies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Investment Bank