IBEC’s role in the dynamically developing system of international economic relations — foreign trade service center for the Bank’s member states. Pursuant to its mandate, IBEC provides financing for trade operations of the member states, including support for foreign economic activity of small and medium-sized enterprises.
Alongside with dynamic development of its business and active build up of a high-quality portfolio, IBEC has started a quantitative assessment of the implementation of its mandate as a development bank and contribution to the economic development of its member states: the Bank now takes into account development portfolio, which includes various forms of support to counterparties from the member states, aimed at facilitating social and economic development, growth in prosperity and economic cooperation between the member states.
The Financial and Business Association of Euro-Asian Cooperation held the 7th annual forum "Greater Eurasia in Search of New Forms and Directions of Cooperation".The event was held with the support of the Russian Union of Industrialists and Entrepreneurs and the Eurasian Economic Commission. Read more
International Bank for Economic Cooperation continues its policy of supporting the export potential of the participating countries. The Bank completed transactions to ensure the supply of Russian metallurgical products to Uzbekistan – steel pipes produced by the Chelyabinsk Pipe Plant. Read more
International Bank for Economic Co-operation is expanding its range of trade finance instruments. The first forfaiting deal is implemented – IBEC bought out the obligations of the Vietnamese SHB Bank in the secondary market from an international financial institution. The transaction amount is USD 2.5 million, for a period of 4 months. Read more