News

The International Bank for Economic Co-operation has granted a long-term credit facility to HATECO Logistics (Vietnam) in the amount of EUR 20 million. The funds will be used for the construction and development of logistics infrastructure in northern Vietnam. This is the first transaction implying direct financing of a corporate client in Vietnam in the IBEC new history.

The International Bank for Economic Co-operation and the Russian Expobank implemented another deal financing import-export operations. The total amount of the IBEC loan was EUR 5 million with a financing period of up to 6 months.

On December 3, 2021 a regular 137th meeting of the Council of the International Bank for Economic Co-operation took place. Like the previous several meetings of the Council, due to the ongoing pandemic situation, the meeting was held in the format of a videoconference.

A delegation of the International Bank for Economic Co-operation visited the Republic of Uzbekistan. Representatives of the Bank took part in the II International Financial and Banking Forum of the CIS Member States and held a series of business consultations with Uzbek partners.