News

With reference to the Master Financing Agreement concluded between International Bank for Economic Co-operation (IBEC) and Golomt Bank (Mongolia) in 2018, IBEC has extended a one-year trade related loan to the Mongolian counterparty in the amount exceeding EUR 500 thousand in the equivalent.

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.

International Bank for Economic Co-operation and the Moscow State Institute of International Relations (MGIMO University) of the Ministry of Foreign Affairs of the Russian Federation concluded an agreement on partnership and cooperation. The document was signed by Denis Ivanov, Chairman of the IBEC Board, and Vladimir Morozov, MGIMO Vice-Rector for Human Resources.

IBEC added confirmation on two letters of credit issued by Belagroprombank OJSC (Belarus) in favor of Russian suppliers of agricultural products.