News

On 6 September 2018 Denis Ivanov, Chairman of the Board of the International Bank for Economic Co-operation, participated in events dedicated to an official visit to the Russian Federation of Nguyễn Phú Trọng, General Secretary of the Central Committee of the Communist Party of the Socialist Republic of Vietnam, which took place in the city of Sochi. On this day Vladimir Putin, President of the Russian Federation, welcomed Nguyễn Phú Trọng at ‘Bocharov Ruchei’, his Sochi residence.

On August 30, 2018, the International Bank for Economic Co-operation for the first time acted as a confirming Bank under a letter of credit opened by a large Belarusian Bank in favor of a beneficiary from Bulgaria – one of the IBEC member countries.

The IBEC Chairman of the Board D. Ivanov and the member of the Board Thinh Thi Hong took part in the 16th meeting of the Working group on interbank cooperation of the intergovernmental Russian-Vietnamese Commission on trade-economic and scientific-technical cooperation, which was held from 27 to 29 August 2018 in Saint-Petersburg (the Russian Federation).

On 22 August 2018 under General financing agreement between the IBEC and the GOLOMT BANK OF MONGOLIA, the IBEC has conducted two trade financing operations in the total amount of more than $6.2 million.