- 29 Jan 2019 7:32 AM
- Hungary Matters
Kosov briefed Orbán about the bank’s activities and future plans, the PM’s chief communications officer, Bertalan Havasi, told MTI.
He noted that IIB member states unanimously voted to relocate the bank’s headquarters to Hungary and authorised the bank to sign the relevant accord at a board meeting last December.
The establishment of the headquarters in Hungary will strengthen Budapest as a financial centre, he said, adding that currently there are five supranational development banks in the European Union, but none are based in the central European region.
“The IIB’s move to Budapest can be seen as a significant step forward,” Havasi said.
MTI Photo: Szecsődi Balázs