News

On December 3, 2021 a regular 137th meeting of the Council of the International Bank for Economic Co-operation took place. Like the previous several meetings of the Council, due to the ongoing pandemic situation, the meeting was held in the format of a videoconference.

A delegation of the International Bank for Economic Co-operation visited the Republic of Uzbekistan. Representatives of the Bank took part in the II International Financial and Banking Forum of the CIS Member States and held a series of business consultations with Uzbek partners.

IBEC develops cooperation with the largest Russian auto leasing company Europlan. The Bank opened a credit line for over 2 billion rubles for a period of 3 years. Financing is provided within the framework of the agreement concluded between IBEC and Europlan in June this year on the sidelines of the St. Petersburg International Economic Forum. The funds will be used to expand leasing programs for Russian small and medium-sized businesses.

The International Bank for Economic Co-operation is expanding interbank cooperation with the Bulgarian Municipal Bank AD by implementing the first trade finance deal aimed at supporting foreign trade between Bulgaria and Poland.