News

In Hanoi, the capital of the Republic of Vietnam, the business forum «Enhancing Trade Cooperation of Vietnam with CEE and Eurasia» was held by the International Bank for Economic Co-operation co-organized by the State Bank of Vietnam.

Prior to the IBEC «Vietnamese» week, which opens on November 27 with the business forum «Enhancing trade cooperation of Vietnam with CEE and Eurasia», the Chairman of the Bank’s Board Denis Ivanov met with the leaders of the economic bloc of the Republic of Vietnam.

International Bank for Economic Co-operation signed a loan agreement with Austrian Raiffeisen Bank International AG (RBI). RBI will provide IBEC with 10 million euros for a period of 2 years. The funds will be used in the key IBEC business profiles in accordance with the Bank’s updated development strategy. First of all, to increase trade finance operations, which is now one of the priorities and successful business lines and almost completely covers the geography of IBEC presence.

The International Bank for Economic Co-operation has provided a loan to Bulgartransgaz EAD, which is a combined operator performing licensed activities of natural gas transmission and storage in Bulgaria. The loan agreement was signed at the Bulgarian Embassy in Moscow in the presence of the Ambassador Extraordinary and Plenipotentiary Mr. Atanas Krastin on October 22 — the 56th anniversary of the IBEC foundation.