News

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

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

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

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

17 Apr 2019

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»

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