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27 Nov 2019
 Formal meetings with leaders of the Vietnamese economic bloc

Formal meetings with leaders of the Vietnamese economic bloc

Prior to the IBEC “Vietnamese” week, which opens on November 27 with the business forum “Enhancing trade cooperation of Vietnam with CEE and Eurasia”, the Chairman of the Bank’s Board Denis Ivanov met with the leaders of the economic bloc of the Republic of Vietnam.   Read more

26 Nov 2019
IBEC votes for green investments

IBEC votes for green investments

The International Bank for Economic Co-operation has supported the first issue of green bonds in the Russian stock market history. IBEC subscribed to 10% of the issue of Center-invest Bank securities. In total, 250 thousand bonds with a nominal value of 1,000 rubles each were sold by open subscription. The Moscow Exchange has included Center-invest bonds in the Green Bonds Segment of the Sustainable Development Sector. "The funds raised are going to be used to finance and refinance loans for the implementation of energy-efficient projects, development of renewable energy and environmentally friendly transport," the Moscow Exchange said. According to the RAEX-Europe credit rating agency report, Center-invest Bank's issue of this type of bonds is carried out in accordance with the Green Bond Principles 2018 developed by the International Capital Market Association (ICMA).   Read more

18 Nov 2019
IBEC expands its resource base: EUR 10 million loan from RBI Group

IBEC expands its resource base: EUR 10 million loan from RBI Group

International Bank for Economic Co-operation signed a loan agreement with Austrian Raiffeisen Bank International AG (RBI). RBI will provide IBEC with 10 million euros for a period of 2 years. The funds will be used in the key IBEC business profiles in accordance with the Bank’s updated development strategy. First of all, to increase trade finance operations, which is now one of the priorities and successful business lines and almost completely covers the geography of IBEC presence.   Read more