News

On March 27, 2019 representatives of the International Bank for Economic Cooperation took part in the conference “Development of Trade Exchange between Russia and the Visegrad Four (V4) Countries in Current Conditions” organized by the Economic Section of the Polish Embassy in Moscow in cooperation with the Moscow Chamber of Commerce and Industry with the participation of representatives from the V4 countries: Czech Republic, Hungary, Poland and Slovakia.

On March 27, 2019 International Bank for Economic Co-operation conducted 2 trade finance transactions aimed at support of foreign trade between IBEC’s member states for the total amount of USD 0,4 million and all-in tenor of 1 year.

On March 21, 2019 the meeting of Denis Ivanov, Chairman of the IBEC Board, and the Ambassador Extraordinary and Plenipotentiary of the Czech Republic to the Russian Federation, Vitezslav Pivonka, appointed in May 2018, took place at the headquarters of the International Bank for Economic Co-operation.

On March 15, 2019 international credit rating agency Fitch Ratings-London affirmed previously assigned to International Bank for Economic Co-operation (IBEC) investment-grade ratings, namely: Long-Term Issuer Default Rating (IDR) at BBB-, with a Stable Outlook, and Short-Term IDR at ‘F3’.