Contacts News and media Investors
En
Background

Support for the export of Russian wheat

  • State
    Mongolia, Russia
  • Client
    Trade and Development Bank of Mongolia (TDBM)
  • Implementation date
    2020
  • Volume
    EUR 12 mln
  • Field of activity
    Agriculture
  • International Bank for Economic Co-operation takes part in the financing of Russian wheat export. IBEC has issued a reimbursement undertaking in the amount of EUR 7.2 million for a period of more than a year as security for a letter of credit from the Trade and Development Bank of Mongolia. The confirming and financing bank for the letter of credit is VTB Bank (Europe) SE, which is a part of internationally present VTB Group.

Project news

IBEC supports the export of Russian wheat
IBEC supports the export of Russian wheat
26.01.2021
International Bank for Economic Co-operation takes part in the financing of Russian wheat export. IBEC has issued a reimbursement undertaking in the amount of EUR 7.2 million for a period of more than a year as security for a letter of credit from the Trade and Development Bank of Mongolia.
© 2024 IBEC Cookies Policy Privacy Policy Personal Data Processing Policy Site Map
© 2024 IBEC
Website developed by ITECH.group