News

International Bank for Economic Co-operation implemented a series of trade finance transactions for a total amount equivalent to 5.4 million euros. Operations are designed for a period of up to 1 year and are aimed at supporting bilateral trade between member states, and also operations with third countries, in particular with Kazakhstan.

The 133rd Council Meeting of the Bank was held at IBEC headquarters in Moscow. A report on 2018 results was reviewed and approved. During the discussion, the delegations of the Bank’s member states unanimously noted the high rates of implementation of the updated development strategy, the growth of key performance indicators of the Bank, positive dynamics in the structure of operations.

Moscow hosted the international business forum «Europe — CIS. 4D». Organized by the International Bank for Economic Co-operation with the support of the Banking Association for Central and Eastern Europe, the CIS Financial and Banking Council, and TransKapitalBank, the Forum brought together more than 200 participants from both Russia and European countries, as well as representatives from Vietnam and Mongolia as IBEC member states, that are actively developing economic cooperation with European partners.

International Bank for Economic Co-operation partners up with Belgazprombank, one of the largest financial institutes in Belarus.