International Bank for Economic Co-operation has carried out settlements for the supply of an indirect cooling system for a combined heat and power generation plant from Hungary to Russia. The cooling equipment is designed and manufactured by the leading European manufacturer Enexio Hungary Zrt. and contributes as a key component to the construction of a strategic infrastructure facility in the Russian Federation. Read more
International Bank for Economic Co-operation continues to develop active interbank cooperation with Golomt Bank, one of the leading financial institutions in Mongolia. Banks have implemented three trade finance transactions totaling USD 2,2 million. Read more
International Bank for Economic Co-operation is consistently implementing the mission to support the economic development of its member states. In the context of the global socio-economic turbulence caused by the coronavirus pandemic, such issues as government support for the population and business, monetary stimulus of economic activity, demand recovery, and financial markets support step forward. Read more
The International Bank for Economic Co-operation and the Eurasian Development Bank have concluded a Memorandum of Cooperation. The agreement was signed by Andrei Belyaninov, Chairman of the EDB Board, Denis Ivanov, Chairman of the IBEC Board, and Ms. Thinh Thi Hong, Member of the IBEC Board. Read more
On May 29, 2020, rating agency ACRA Europe a.s announced the assignment of a long-term foreign currency rating at “BBB” with a stable outlook to International Bank for Economic Co-operation. Read more