News

Chairman of the IBEC Board Denis Ivanov became a member of the Business Council of the Financial and Banking Association of Euro-Asian Cooperation (FBA EAC). The unanimous election took place at the FBA EAC General Meeting, where Mr. Ivanov participated.

Dear Clients and Partners of IBEC, The continuously evolving nature of the global COVID-19 situation has meant we at the International Bank for Economic Co-Operation are taking all necessary steps to keep business disruption to an absolute minimum.

International Bank for Economic Co-operation actively uses a diversified line of trade finance products, putting together instruments of financial and non-financial export support in member states and CIS.

In 2020, International Bank for Economic Co-operation continues to expand in the sector of trade finance, relying on the already existing financial partnerships. Over the past period, from the beginning of the year, two significant transactions were concluded with a longtime partner of IBEC — OJSC Belagroprombank, which was provided with financing in the amount of more than 4 million euro.