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17 Apr 2019
Agreement with Golomt Bank - new tranches to support foreign trade

Agreement with Golomt Bank - new tranches to support foreign trade

International Bank for Economic Co-operation conducted trade finance operations in the total amount of USD 1 million and all-in tenor of 6 months up to 12 months, including deals aimed at support of foreign trade between IBEC’s member states. Trade related loans were provided based on Master Financing Agreement between IBEC and Golomt Bank (Mongolia).   Read more

10 Apr 2019
Business Forum «CIS-Europe. 4D»

Business Forum «CIS-Europe. 4D»

On May 28, 2019 in Moscow International Bank for Economic Cooperation (IBEC) will hold its first open business forum «CIS-Europe. 4D», dedicated to cooperation development between the countries of the European Union and the Commonwealth of Independent States (CIS). The event will be held on the day before the next meeting of the IBEC Council.   Read more

08 Apr 2019
IBEC keeps up with new technologies mainstream: digital platforms for financial instruments

IBEC keeps up with new technologies mainstream: digital platforms for financial instruments

The 3rd Liventsev readings took place at the Moscow State University of Foreign Affairs. The event was held for the third time in the format of a scientific-practical conference dedicated to the memory of Professor Nikolai Liventsev, who had been the head of the Department of International Economic Relations and Foreign Economic Affairs of MGIMO for many years. The theme of this year reflects the current global agenda - “Transformation of the modern international economic relations system in the post-bipolar environment”   Read more

29 Mar 2019
Financial results 2018: growth of key indicators as a result of fundamental changes in the bank's activities

Financial results 2018: growth of key indicators as a result of fundamental changes in the bank's activities

On March 27, 2019 International Bank for Economic Co-operation (IBEC) published audited financial statements in accordance with IFRS, which comprise the financial position as at December 31, 2018. Over the last year, the Bank has achieved significant results in its key activities. On the basis of a stable and relatively sound platform, the new senior management started a full-scale transformation along with aggressive business development. In 2018 IBEC with strong support from its shareholders made a lot of important steps towards transformation into an efficient modern financial institution.

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