On 3 May 2017, Mr. Alexander Janeczek, President of the Management Board of the Polish Business Club, visited the headquarters of the Bank by invitation of Ms. Irina Golovchenko, Chairman of the IBEC’s Board. The visit was confined to the National Holiday of the Republic of Poland on the occasion of the adoption of the Constitution. The parties agreed upon the cooperation, in the context of which Polish companies and businessmen will have the opportunity to become Bank’s clients and expand geography of their business with support of the international financial institution, and the Bank as part of its strategy will promote strengthening of economic relations of Polish business with enterprises and organizations of the Bank’s member countries and other countries, in particular providing account management. Read more
IBEC Participates in the 18th Meeting of the Intergovernmental Russian-Slovak Commission on Trade-and-Economic and Scientific-Technical Cooperation.
Ms. Irina Golovchenko, Chairman of the IBEC’s Board, within the official delegation, participated in the 18th meeting of the Intergovernmental Russian-Slovak Commission on Trade-and-Economic and Scientific-Technical Cooperation chaired by Mr. Denis Manturov, Minister of Industry and Trade of the Russian Federation, and Mr. Peter Žiga, Minister of Economy of the Slovak Republic. In the course of the meeting, there was an increased focus on the issues of development of bilateral cooperation for the purposes of expanding and deepening trade and economic relations, full-fledged utilization of investment potential of the two countries, and making interaction of business communities more active. Read more
From 18 April to 19 April 2017, the delegation of the International Bank of Economic Co-operation headed by Ms. Irina Golovchenko, Chairman of the Board, visited the Slovak Republic. As a part of the visit, a meeting was held with Ms. Dana Meager, State Secretary of the Ministry of Finance of the Slovak Republic. As head of the delegation of the Slovak Republic in the IBEC’s Council, Ms. Dana Meager gave a positive assessment to the dynamics of the Bank growth and reaffirmed the support of the IBEC’s Development Strategy by Slovakia, emphasizing an interest in supporting of Slovak entrepreneurs by the Bank. Read more
The IBEC acted as a silver sponsor of the 34th BACEE Regional Banking Conference. Mr. Egidiu Hentes, a member of the IBEC’s Board, took part in the meetings of the conference, which was held in Budapest on the 10-11 of April 2017. This year, the event united 110 participants from 27 countries of the world. The conference speakers represented the international financial community from commercial and state banks, consultants, providers of IT solutions for banking sector, rating agencies and independent analysts. New banking products, technological solutions and bank information security issues were discussed at the round tables within the framework of the conference. A stand-alone session was devoted to the hot topic of risk management. Read more
On March 22, 2017, International agency Fitch Ratings assigned to the International Bank for Economic Co-operation investment-grade ratings: long-term BBB-, with a stable outlook, and short-term F3. The credit rating was received by IBEC for the first time in the Bank’s history. Obtaining of an international investment-grade rating was made possible due to the Bank comprehensive renewal program which has been implemented since the beginning of 2016. This program is based on the IBEC Development Strategy until 2020 which is intended to reinforce IBEC’s position as a multilateral development institution. Read more