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19
Jun 2023
IBEC implements trade finance transactions in Chinese yuan
News
The International Bank for Economic Co-operation provided Transport and Development Bank (TransBank), a major Mongolian commercial bank, with a trade-related loan of CNY 9.5 million for one year.
17
Feb 2023
IBEC delegation visited the Russian Foreign Trade Academy with a lecture
News
On February 16, 2023, IBEC Board Member Mr. Boyko Kotsev and Chief Specialist of the IBEC Legal Department I. Gordyushkin held a meeting with students of the Russian Foreign Trade Academy of the Ministry of Economic Development of the Russian Federation (Academy).
30
Dec 2022
New IBEС partnership on the EAEU territory
News
At the end of October 2022, the International Bank for Economic Co-operation (IBEC) signed a General Financing Agreement with Armswissbank CJSC, a new partner of IBEC in Armenia. As part of the agreement, in December 2022, IBEC provided Armswissbank with a trade related loan in the amount of 29 million rubles for up to three months. The funds received will be used to finance contracts for the supply of food products from Armenia to the Russian Federation.
22
Dec 2022
IBEC continues to support the real sector of the Russian economy
News
In December 2022, IBEC provided trade related facility to a new client, the Polyplast Group of Companies, in a total amount of up to 1 billion rubles.
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