News

New trade finance deals were implemented in the Asian direction — in partnership with the Saigon-Hanoi Commercial Joint Stock Bank (SHB). IBEC provided financing under letters of credit opened for the export of polypropylene.

International Bank for Economic Co-operation continues to form a partnership network in Uzbekistan, implementing a new deal to support non-oil exports of its member states. IBEC issued a reimbursement obligation under a letter of credit opened for the purchase of the Russian metallurgical sector products.

The International Bank for Economic Co-operation is expanding the geography of trade finance operations to support the foreign trade of its member states.

Changes in the work of the vast majority of companies and institutions are becoming more persistent and long-lasting. In the face of continuing uncertainty on the timing of the final overcome of the pandemic, the business community begins a dialogue on a new format of cooperation, new models and standards of business communications.