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IBEC continues to actively develop international business

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.

The financing is aimed at supporting exports of prilled ammonium nitrate from the Russian Federation to Mongolia.

Thus IBEC continues to actively develop international business and grow trade finance portfolio.