Subscribe to news Печать

News

31 May 2020
IBEC Supports Vietnam's Foreign Trade

IBEC Supports Vietnam's Foreign Trade

New trade finance deals were implemented in the Asian direction – in partnership with the Saigon-Hanoi Commercial Joint Stock Bank (SHB). IBEC provided financing under letters of credit opened for the export of polypropylene. The Bank continues to support the foreign economic activity of Vietnamese companies, providing comfortable contract terms for both exporters and buyers of Vietnamese products. The total amount of transactions – USD 3.5 million, letters of credit term is 6 months.   Read more

29 May 2020
IBEC raises EUR 10 million loan from RBI

IBEC raises EUR 10 million loan from RBI

This is the second time International Bank for Economic Co-operation signs a credit facility agreement with Raiffeisen Bank International AG (RBI) for EUR 10 million with a maturity of two years. The first loan agreement was signed by the parties in November 2019. The funds will be used to support continued growth of IBEC’s trade finance portfolio and business of corporate clients in accordance with the Bank’s development strategy.   Read more

19 May 2020
IBEC provides financing to the leader of world metallurgy

IBEC provides financing to the leader of world metallurgy

International Bank for Economic Co-operation has provided a long-term credit line to Metalloinvest company in the amount of up to 40 million euro. The agreement signed by IBEC and Metalloinvest ensures the provision of loans for 3 years, repayment within 7 years. The funds will be used to finance the cost of importing new high-tech equipment. In the context of macroeconomic and socio-political uncertainty, such a long-term transaction demonstrates the confidence of partners in mutual plans and sustainability of business processes.   Read more