VolumeEUR 1.1 mln
Field of activityEnergy
Targeted trade loans in the amount of EUR 1.1 mln were provided on the principles of pre-export financing and are aimed at stimulating non-oil exports from the Republic of Belarus to the IBEC member states.
IBEC funds are used to finance the production of high-tech and energy-saving products of the pulp and paper and glass industries for its further implementation in the Czech Republic, Poland and Russia.
Implemented transactions support the supply of energy-saving and safe materials for IBEC member countries and affect the sector of modern high-tech production.
New IBEC projects to support foreign trade of the Czech Republic, Poland and Russia
The International Bank for Economic Co-operation continues its active policy of supporting economic cooperation in the Eastern European region. At the end of September, two more trade finance transactions with Belagroprombank were implemented. Their total amount is about 1.1 million euros with the comfortable for participating companies period of 1 year.