International Bank for Economic Co-operation

The International Bank for Economic Co-operation (IBEC) is a multilateral financial institution, which goal is to promote the development of its member states’ economies, its foreign economic relations between economic entities, as well as the expansion of foreign trade relations with counterparties from other countries. The IBEC provides credit and settlement services to its clients by granting loans, placing and attracting deposits, issuing, buying and selling securities, participating in capital, providing bank guarantees, performing import and export payment and settlement operations, conversion and arbitrage operations, factoring, counselling, etc.