News

Moscow hosted the international business forum «Europe — CIS. 4D». Organized by the International Bank for Economic Co-operation with the support of the Banking Association for Central and Eastern Europe, the CIS Financial and Banking Council, and TransKapitalBank, the Forum brought together more than 200 participants from both Russia and European countries, as well as representatives from Vietnam and Mongolia as IBEC member states, that are actively developing economic cooperation with European partners.

Banking Association for Central and Eastern Europe (BACEE) emphasized long-term partnership with International Bank for Economic Cooperation by the honorary diploma BACEE Award for International Partnership. Award presentation took place on the sidelines of the traditional 38th BACEE Banking Conference in Budapest in the first decade of May.

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.

On March 27, 2019 International Bank for Economic Co-operation (IBEC) published audited financial statements in accordance with IFRS, which comprise the financial position as at December 31, 2018. Over the last year, the Bank has achieved significant results in its key activities. On the basis of a stable and relatively sound platform, the new senior management started a full-scale transformation along with aggressive business development. In 2018 IBEC with strong support from its shareholders made a lot of important steps towards transformation into an efficient modern financial institution.