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17 Dec 2018
IBEC enhances support for exports of the Bank’s member states

IBEC enhances support for exports of the Bank’s member states

The International Bank for Economic Co-operation has provided JSC TENEX with the first tranche of EUR 30 mln for a period of 2 years, as part of the established loan facility. Support for exports of the Bank’s member states is among the Bank’s priority goals according to the IBEC Updated Strategy approved by the Bank’s Council. Loan proceeds will be used to finance the costs of the Russian exporter associated with the peaceful uranium enrichment for its further export to foreign markets.

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10 Dec 2018
132nd IBEC Council Meeting: the shareholders sum up the interim results of 2018 and lay a foundation for further qualitative transformation of the Bank

132nd IBEC Council Meeting: the shareholders sum up the interim results of 2018 and lay a foundation for further qualitative transformation of the Bank

The 132nd Council Meeting of the International Bank for Economic Co-operation (IBEC) at the invitation of the Cuban party took place in Varadero, the Republic of Cuba, on December 6. N.N. Kosov, Chairman of the Board of the International Investment Bank, and G. Benedek, Advisor to the Hungarian Ministry of Finance, participated in the Council Meeting of the Bank as guests.

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