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.
International Bank for Economic Co-operation participates in implementation of NICA, a unique international scientific project at the Joint Institute for Nuclear Research in Dubna. NICA (Nuclotron based Ion Collider fAcility) is a new accelerator complex designed at the Joint Institute for Nuclear Research (Dubna, Russia) for the purpose of studying properties of dense baryonic matter. Read more
International Bank for Economic Cooperation implemented the first transaction under the General Agreement on Financing with the Belarusian National Bank (BNB-Bank). The funds were used to implement foreign trade contracts between a Polish supplier and a Belarusian leasing company. Read more
International Bank for Economic Cooperation expresses condolences on the death of the former manager of the Bulgarian National Bank, Lubomir Filipov. Read more