IBEC continues its support for the supply of medicines to the Russian market

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.

The beneficiaries of the guarantees are the world's largest pharmaceutical manufacturers, which provide the Russian market with the most important medicines in almost all areas of healthcare. The Bank's cooperation with “FC Grand Capital” contributes to providing the population with high-quality medicines and the development of the pharmaceutical market in Russia. Healthcare support is one of the key priority areas of IBEC activity, especially in the context of the unstable epidemiological situation that has developed over the past few years.

“FC Grand Capital” is one of the top 5 pharmaceutical distributors in Russia, and has been on the list of the TOP 50 fastest growing companies in Russia for several years in a row. The business volumes of “FC Grand Capital” have grown more than 3 times since the start of cooperation with IBEC in 2017.

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