Russia
Russian Federation
  • CIS and EAEU Member
  • Baa3/BBB
    Moody’s/Fitch Ratings
  • GDP Growth (2019) : 6,6%
Priorities
Financing supplies of Russian goods with high added value to IBEC member states
Servicing operations of Russian exporters and importers with Eurasian Economic Union
Focus on strong non-resource export-oriented sectors of Russian industry
Statistics
€ 77 135
Credit portfolio (EUR thous.)
€ 27 685
Documentary portfolio (EUR thous.)
€ 73 872
Securities portfolio (EUR thous.)
18
Number of projects

Strategy

In order to develop Russia's foreign trade and taking into account the country's focus on import substitution in certain industries and agriculture, IBEC will pay special attention to supporting export operations, as well as increasing the competitiveness of Russian companies engaged in foreign trade.
Financing the supply of Russian goods with high added value to the markets of the IBEC member countries, as well as servicing the operations of Russian exporters and importers with counterparties from the countries of the Eurasian Economic Union.
Promoting an increase in the volume of trade in Russia in non-primary goods, supporting Russian companies from sectors with export potential and producing high value-added products and high-tech goods.
Support for SMEs.
Development of a network of partners in the Russian market (financial institutions, non-profit and government structures, national development institutions).

Interaction of IBEC with state bodies of Russia

OBJECTIVES of the IBEC’s work with state bodies: Bilateral interaction with the target audience — informing it about the work and plans of the IBEC, as well as obtaining and analyzing relevant information from the target audience in accordance with the business profile and initiatives of the Bank, using such information in the Bank’s work to develop its activities, in particular, by implementing new projects in order to fulfill the IBEC mission.
PRINCIPLES of the IBEC's work with government bodies
Honesty
Adherence to ethical behavior, honesty and responsibility in its activities. Strict adherence to the IBEC Code of Corporate Ethics
Legality
Compliance of actions with legitimate business goals, the interests of the Bank, subject to the requirements of the laws of the country of the counterparty. IBEC takes all reasonable measures to ensure that positions presented to the Bank’s governing bodies are based on factual data and not on opinions
Accountability and oversight
Mandatory coordination of goals and approaches to working with contacts, as well as planning activities and regular reporting to the Bank’s management
Consistency
The responsible division of IBEC plays a key role in ensuring consistency of all work with contacts carried out on behalf of the Bank or in connection with its objectives
Transparency
IBEC speaks openly about the guiding principles, goals, policies and procedures for its work with contacts in government agencies
Key partners for the implementation of the IBEC Country Strategy in Russia:
  • Ministries and Departments;
  • Diplomatic missions;
  • Trade representations;
  • Intergovernmental commissions;
  • Chamber of Commerce and Industry of the Russian Federation;
  • Moscow Chamber of Commerce and Industry;
  • CIS Financial and Banking Council;
  • Russian Union of Industrialists and Entrepreneurs (RSPP);
  • Financial and Banking Association for Euro-Asian Cooperation;
  • All-Russian public organization "Business Russia";
  • Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of the Russian Federation;
  • Institute of Economics of the Russian Academy of Sciences.
© 2021 IBEC Cookies Policy Privacy Policy Personal Data Processing Policy Site Map © 2021 IBEC
Website developed by ITECH.group