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IBEC Supports Advanced Scientific Research

21
Aug
2019

International Bank for Economic Co-operation participates in implementation of NICA, a unique international scientific project at the Joint Institute for Nuclear Research in Dubna. NICA (Nuclotron based Ion Collider fAcility) is a new accelerator complex designed at the Joint Institute for Nuclear Research (Dubna, Russia) for the purpose of studying properties of dense baryonic matter.

International Bank for Economic Co-operation (IBEC) has issued advance payment guarantee under an equipment delivery contract. The transaction has been implemented according to the agreement signed on the sidelines of the first IBEC business forum ‘Europe-CUS.4D’ in May this year between IBEC and the Polish company Frako-Term.

Upon NICA collider commissioning JINR scientists will be able to reconstruct in laboratory Quark-Gluon Plasma (QGP), a special state of matter which existed only at the early stages of our Universe upon the Big Bang. The project started in 2013 and next year, in 2020 it is planned to be fully operational.

The Bank’s participation in a timely and reliable contract execution ensures adherence to the equipment delivery schedule. Thus, developing its updated business profile, IBEC actively promotes effective implementation of a large-scale research project with participation of scientific communities from almost all IBEC member states.

NICA (Nuclotron based Ion Collider fAcility) is a new accelerator complex designed at the Joint Institute for Nuclear Research (Dubna, Russia) for the purpose of studying properties of dense baryonic matter.

The Joint Institute for Nuclear Research (Dubna, Russia) is an international intergovernmental scientific research organization, an internationally acknowledged scientific center, representing a unique example of a successful integration of fundamental theoretical and experimental research with development and application of the most modern technologies and university-level education. Presently JINR has 18 member states, including all 8 IBEC member states.

Frako-Term is a research and development company specializing in application of cryogenic and super-conducting technologies in different branches of industry including for optimization of production, storage and utilization of electric and thermal energy.

 
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IBEC opens a credit line for leasing Russian aircraft
19.10.2020
International Bank for Economic Co-operation will provide financing to the Russian State Transport Leasing Company (STLC) in the amount of 1.5 billion rubles. This agreement was signed by Mikhail Poluboyarinov, CEO of GTLK, a...
New deals with Golomt Bank of Mongolia
New deals with Golomt Bank of Mongolia
12.10.2020
In August and September International Bank for Economic Co-operation in partnership with Golomt Bank of Mongolia implemented a series of transactions for financial and non-financial support of Mongolia’s foreign tr...
International Bank for Economic Co-operation joins SWIFT GPI
International Bank for Economic Co-operation joins SWIFT GPI
07.10.2020
International Bank for Economic Co-operation has joined SWIFT GPI (Global Payment Innovation).
IBEC invests in green bonds of Russian Railways
IBEC invests in green bonds of Russian Railways
01.10.2020
International Bank for Economic Co-operation takes part in a subscription to new "green" bonds of the Russian Railways. The yield on securities at the time of the placement is 7.25% per annum, which corresponds to a 1.65% premium to the yield on ...
IBEC guarantees promote Russian-Uzbek trade
IBEC guarantees promote Russian-Uzbek trade
29.09.2020
International Bank for Economic Co-operation has supported the export of Russian industrial products to Uzbekistan. The guarantee in the amount of USD 5 million was issued in favor of CREDIT BANK OF MOSCOW (RF) on&n...
Business Discussions with the Deputy Prime Minister of Bulgaria
Business Discussions with the Deputy Prime Minister of Bulgaria
11.09.2020
IBEC delegation held a meeting with Ms. Mariyana Nikolova, Deputy Prime Minister of Bulgaria in charge of Economic and Demographic Policy and Minister of Tourism. Boyko Kotsev, member of the IBEC Board and former Ambassa...
IBEC supports export of Russian metallurgy to Uzbekistan
IBEC supports export of Russian metallurgy to Uzbekistan
02.09.2020
International Bank for Economic Co-operation takes part in the implementation of foreign trade contracts of the largest Russian exporter, Chelyabinsk Pipe Rolling Plant PJSC, providing for the supply of pipes of various nomen...
IBEC green investments
IBEC green investments
31.08.2020
International Bank for Economic Co-operation continues to implement its plans to support green economy and social and environmental infrastructure projects. The Bank took part in the placement of a green bond issue by th...
IBEC financial statements for the 1st half of 2020
IBEC financial statements for the 1st half of 2020
27.08.2020
International Bank for Economic Co-operation has disclosed interim financial results for the 1st half of 2020 in accordance with the international reporting standards with an auditor’s conclusion based on the results of ...
IBEC supports the development of the insurance business in the markets of its member states
IBEC supports the development of the insurance business in the markets of its member states
12.08.2020
International Bank for Economic Co-operation has signed a loan agreement with the largest Bulgarian private holding company Eurohold, whose interests are focused on insurance, leasing, and financial services. A credit line with a ...
IBEC documentary instruments for Mongolia's foreign trade
IBEC documentary instruments for Mongolia's foreign trade
03.08.2020
International Bank for Economic Co-operation has completed trade finance deals with one of its committed partners — Golomt Bank (Mongolia). IBEC issued reimbursement obligations totaling USD 3.5 million....
IBEC and SHB – sustainable and mutually beneficial partnership
IBEC and SHB – sustainable and mutually beneficial partnership
28.07.2020
International Bank for Economic Co-operation continues active expansion of its trade finance portfolio. Vietnam is one of the important markets where such operations are especially in demand this year.
IBEC supports export of the Czech Republic
IBEC supports export of the Czech Republic
14.07.2020
Международный банк экономического сотрудничества предоставил средства для финансирования сделки по поставке энергетического обор...
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