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.

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.

On December 20, 2022 Market Making of IBEC ruble bonds of series 001Р-01 and series 001Р-02 began at the Moscow Exchange within the framework of the concluded trilateral agreement. The Market Maker of IBEC bonds is BANK SINARA.

In the second half of 2022, on behalf of “FC Grand Capital” LLC, International Bank for Economic Co-operation issued 5 payment guarantees in favor of the company's suppliers for a total amount of about 1.44 billion rubles.