News

February 19, 2019 at the headquarters of the International Bank for Economic Co-operation (IBEC), a delegation of the Bank led by the Chairman of the Board Denis Ivanov held a meeting with delegation of the global holding company Veolia Environnement led by the CEO of VEOLIA Central & Eastern Europe SA, Mr. Philippe Guitard.

International Bank for Economic Co-operation has provided Expobank LLC with the trade related loan of EUR 4.9 mln for a period of 1 year to finance the costs of the Russian exporter associated with further export of materials for metallurgy industry to the Republic of Belarus.

International Bank for Economic Co-operation conducted another trade finance operation in the total amount of USD 0,6 million and all-in tenor of 1 year under the Master Financing Agreement between IBEC and GOLOMT BANK OF MONGOLIA.

International Bank for Economic Co-operation to facilitate the export in its member countries supported the delivery of ground support equipment from Poland to the Republic of Belarus, issuing a short-term target loan of EUR 2,2 million. The transaction is implemented under the Master Agreement between the IBEC and Belinvestbank JSC in the beginning of 2019.