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International Bank for Economic Co-operation (IBEC) is a multilateral financial institution whose purpose is to promote the development of the economies of the Bank's member countries, foreign economic relations between economic entities of the member countries, as well as the expansion of their foreign trade relations with counterparties from other countries.
IBEC Mission
Develop international supply chains in accordance with the needs of member countries and sustainable development principles by providing the full range of trade support tools to corporate sector and financial institutions
Development strategy
IBEC Strategy for 2024-2026 is of a transitional nature – its goal is to complete the Bank’s adaptation to the new operating reality and create the prerequisites for further sustainable growth in the next strategic cycle
IBEC in figures
€400 mln
Authorized capital
Paid-in capital EUR 200 million
IBEC Statuses
3
Member countries
The geography of IBEC shareholders covers the countries of the Asian region
Member states IBEC
€405 mln
Development portfolio (as of 31.12.2024)
Financing the development of foreign trade and priority sectors of the economies of the IBEC member countries
Products
IBEC has a two-tier corporate governance structure. The Council is the supreme governing body responsible for general management of the Bank's activities. The Management Board is an executive body directly managing the operational activities of the Bank within the powers granted to it by the Charter and in accordance with the decisions of the Council of the Bank.
The main goal of IBEC is to promote economic cooperation and development of the economies of the Bank's member states. IBEC intends not only to support already established foreign economic relations between the member countries, but also to develop new ones.
Compliance
Tenders