News

International Bank for Economic Co-operation implemented a series of trade finance transactions for a total amount equivalent to 5.4 million euros. Operations are designed for a period of up to 1 year and are aimed at supporting bilateral trade between member states, and also operations with third countries, in particular with Kazakhstan.

International Bank for Economic Co-operation partners up with Belgazprombank, one of the largest financial institutes in Belarus.

International Bank for Economic Co-operation carried out new trade finance operations for the total amount equivalent to USD 1 million and all-in tenor from 2 up to 12 months, including deals aimed at support of foreign trade between IBEC member states. Trade related loans were provided based on the Master Financing Agreement between IBEC and Golomt Bank (Mongolia).

International Bank for Economic Co-operation conducted another trade finance operation all-in tenor of 2 years by means of post-financing under import letter of credit issued by JSC Belagroprombank (Republic of Belarus).