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A representative delegation of IBEC headed by the Chairman of the Board Denis Ivanov and a Member of the Board from Bulgaria Boyko Kotzev visited the capital of Bulgaria, Sofia, in mid-June.

A substantive dialogue with the leaders of the economic bloc of the Bulgarian government continued in the Ministry of Finance of the Republic of Bulgaria. IBEC head, Denis Ivanov, informed the Minister, Mr. Vladislav Goranov, and the head of the Bulgarian delegation in the IBEC Council, Ms. Marinella Petrova, about the Bank’s transformation program and the positive dynamics of business indicators. The results of the May Council Meeting in Moscow, where the Council approved the new course of IBEC development, were also highlighted.

The ceremony of International Bank for Economic Cooperation and four national development banks joining the Memorandum of Partnership between the national and international development institutions of the Balkan region, Central and Eastern Europe was held as a part of the International Economic Forum «Roads for Partnership», organized by the Bulgarian Development Bank in the Bulgarian capital Sofia. The head of the BBI, Stoyan Mavrodiev, announced the expansion of partnership between development institutions focused on mutual work in the region. The event was attended by representative delegation of IBEC, headed by the Chairman of the Board Denis Ivanov, who signed the document. The forum was devoted to the perspectives of Southern Europe...

IBEC delegation continues its active work at the St. Petersburg International Economic Forum. On the second day, a Cooperation Agreement with the largest Russian financial development institution VEB.RF was signed. The document, which was signed by Daniil Algulyan, Deputy Chairman of VEB.RF, and Denis Ivanov, Chairman of the IBEC Board, provides for cooperation in export and trade financing, as well as in the field of investment projects implemented both in Russia and in other IBEC member states.