Background

New IBEC trade deals

International Bank for Economic Co-operation has implemented another deal to support Russian non-oil exports. A contract for the supply of Russian chemical products worth 0.8 million euro with a loan term of 6 months to Belarus was financed in partnership with Belagroprombank OJSC, one of the key East European partners of IBEC.

Against the backdrop of global socio-economic instability, IBEC promptly meets the needs of its clients and partners in trade finance services, supporting foreign trade turnover in the territory of its geographical presence, and contributing to the preservation of technological and trade chains. The whole range of financial products is available for IBEC clients - reimbursement obligations, issuance and confirmation of letters of credit, guarantee and credit operations.

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