On 26 November 2018 the International bank for economic co-operation (IBEC) issued counter-guarantees to OTP Bank which in its turn issues guarantees to the ophthalmologic company Alcon (Russia).
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International Bank for Economic Co-operation (IBEC) hosted a gala reception at its Moscow headquarters on the 55th anniversary of its foundation.
The event was attended by Russian Deputy Foreign Minister Grigory Karasin, Russian Deputy Finance Minister Sergey Storchak, VEB Chairman Igor Shuvalov, IIB Chairman Nikolay Kosov, representatives of the IBEC member countries’ embassies to Russia and leading international financial institutions, executive officers of IBEC partner institutions and companies, corporate customers, the management of the IIB and the IBEC, as well as former IBEC Chairman Vitaly Khokhlov.
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The delegation of the International Bank for Economic Co-operation (IBEC) participated in an international conference hosted by the Eurasian Development Bank (EDB) and held on 22 November 2018 in Moscow. Read more
In October 2018 International Bank for Economic Co-operation conducted two new trade finance operations, associated with targeted financing in the total amount of USD 1,3 million under the Master Financing Agreement between IBEC and GOLOMT BANK OF MONGOLIA. Read more
On 30 October 2018 International Bank for Economic Cooperation provided Russia’s State Transport Leasing Company with USD 22,7 mln loan for a period of 5 years. The STLC will use the loan from the IBEC to finance purchase of equipment for the first two stages of Lavna coal transshipment complex in the Murmansk sea port construction. Read more