News

On September 3, 2021 Moody’s Investors Service (“Moody’s”) has changed the outlook on the International Bank for Economic Co-operation’s (IBEC) rating from Stable to Positive and has affirmed long-term foreign currency issuer rating at ‘Baa3’.

Today, September 1, in the building of the Bulgarian Stock Exchange in Sofia, an official ceremony "Ring-The-Bell" took place, marking the listing of the Bulgarian bonds issuance of the International Bank for Economic Co-operation (IBEC). Denis Ivanov, Chairman of the IBEC Board, gave a start to the stock exchange session by symbolically ringing the stock exchange bell together with the Deputy Minister of Finance of Bulgaria and the head of the Bulgarian delegation to the IBEC Council, Monika Dimitrova-Beecher, and Deputy Chairman of the Board of Directors of the Bulgarian Stock Exchange Vasil Golemanski.

International Bank for Economic Co-operation has published its interim financial results for the 1st half of 2021 in accordance with the international reporting standards together with an auditor's report on review.

In July 2021, the International Bank for Economic Co-operation and Mongolian Transport and Development Bank signed a General Agreement on the implementation of trade finance transactions in order to develop partnerships and joint support for export-import operations of Mongolian companies.