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28 May 2019
IBEC supports international trade of its member countries

IBEC supports international trade of its member countries

International Bank for Economic Co-operation partners up with Belgazprombank, one of the largest financial institutes in Belarus. The partnership assumes active support of international trade between IBEC member countries and Belarus. The Belorussian bank received the first tranche in amount of 10M euro for 2 years for financing foreign trade contracts, concluded between Russian and Belorussian companies for shipment of polymer products.   Read more

15 May 2019
IBEC received BACEE Award for International Partnership

IBEC received BACEE Award for International Partnership

Banking Association for Central and Eastern Europe (BACEE) emphasized long-term partnership with International Bank for Economic Cooperation by the honorary diploma BACEE Award for International Partnership. Award presentation took place on the sidelines of the traditional 38th BACEE Banking Conference in Budapest in the first decade of May.   Read more

13 May 2019
As part of the first visit to Moscow in 55 years, the Secretary-General of UNCTAD met with the Chairman of the IBEC

As part of the first visit to Moscow in 55 years, the Secretary-General of UNCTAD met with the Chairman of the IBEC

During the visit of UNCTAD delegation to Moscow, a meeting was held between UNCTAD Secretary General Mr. Mukhisa Kituyi and the Chairman of the Board of the International Bank for Economic Co-operation (IBEC) Mr. Denis Ivanov. Representatives of the Ministry of Economic Development of the Russian Federation, as the party that hosted the UNCTAD delegation, also took part in the meeting.   Read more

07 May 2019
May 7th New deals on financing foreign trade of Mongolia

May 7th New deals on financing foreign trade of Mongolia

International Bank for Economic Co-operation carried out new trade finance operations for the total amount equivalent to USD 1 million and all-in tenor from 2 up to 12 months, including deals aimed at support of foreign trade between IBEC member states. Trade related loans were provided based on the Master Financing Agreement between IBEC and Golomt Bank (Mongolia).   Read more

18 Apr 2019
IBEC supports the export of Polish equipment

IBEC supports the export of Polish equipment

International Bank for Economic Co-operation conducted another trade finance operation all-in tenor of 2 years by means of post-financing under import letter of credit issued by JSC Belagroprombank (Republic of Belarus).   Read more