VolumeUSD 7 mln
Field of activityEnergy
- IBEC took part in financing a contract for the supply of monocrystalline solar panel modules to Vietnam - a key element for renewable solar energy projects. IBEC has redeemed the obligations of the Vietnamese SHB bank to an international financial institution in the secondary market. The transaction amount is USD 7 million, for a period of 4 months.
IBEC opened a portfolio of forfaiting transactions
International Bank for Economic Co-operation is expanding its range of trade finance instruments. The first forfaiting deal is implemented — IBEC bought out the obligations of the Vietnamese SHB Bank in the secondary market from an international financial institution. The transaction amount is USD 2.5 million, for a period of 4 months.