News

International Bank for Economic Co-operation took part in a foreign trade transaction for the supply of wood-chemical products to Vietnam. IBEC has advised a letter of credit issued by Vietcombank to secure a contract between the Vietnamese and Belarusian companies.

IBEC continues effective cooperation with one of the largest Belarusian banks – Belagroprombank. Within the framework of the established partnerships, a number of foreign economic contracts of Belarusian companies were financed.

The Bank is actively developing the flagship direction of its business profile - support for foreign trade in Central and Eastern Europe. The next tranche in the amount of more than 1 million euros was given to Belarusian OJSC Belinvestbank.

Considering the existing positive and active co-operation IBEC increased documentary business limit for LLC «FC Grand Capital " which would permit to secure the company’s liabilities and increase its business volumes with the largest global pharmaceutical producers.