News

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.

On 17 July 2018 at the headquarters of the International bank for economic co-operation (IBEC) in Moscow the meeting of the officials of the IBEC and the International investment bank (IIB) with high representatives of the Slovak Republic was held.

On July 10, 2018 the IBEC issued an irrevocable reimbursement undertaking (IRU) upon the authorization received from one of the largest Belarusian banks in favor of the leading European financial institution as a claiming bank. This IRU transaction is aimed at supporting the exporter from Czech Republic which is one of the member countries of the IBEC.