News

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.

The International Bank for Economic Co-operation has supported the first issue of green bonds in the Russian stock market history. IBEC subscribed to 10% of the issue of Center-invest Bank securities. In total, 250 thousand bonds with a nominal value of 1,000 rubles each were sold by open subscription. The Moscow Exchange has included Center-invest bonds in the Green Bonds Segment of the Sustainable Development Sector.

The International Bank for Economic Co-operation and the Development Bank of the Republic of Belarus (DBRB) have implemented the first joint transaction on financing the foreign trade operations. Funds in the amount of €15 million were provided to finance the supply of Belarusian non-resource exports to Poland, one of the IBEC member states.

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.