"The International Bank for Economic Co-operation (IBEC) was established in Moscow at 1963 as an international financial institution of COMECON countries. Under the international treaty registered with the United Nations, the IBEC became the first international bank for cooperation in USSR. Now it has turned into a universal financial institution, the purpose of which is to promote foreign trade connections between the nations being the Bank’s member countries, between their banks, businesses, and institutions, as well as between banks, businesses, and institutions of other nations. The Bank’s member countries are Bulgaria, Poland, Romania, Slovakia, the Czech Republic, Russia, Mongolia, Vietnam. International status gives the Bank a number of advantages, including a flexible tariff policy, which optimizes transaction terms for clients in IBEC member-countries and ensuring the protection of clients funds, counterparties through a combination of financial sustainability and the support of the Bank’s member countries. IBEC performs the full range of banking operations and services accepted in global banking practice. "
"1. Small/medium/large-sized companies from Central and Eastern Europe (CEE) active on the market, which have economic interests with 8 Bank's member-countries, carrying out investment projects, and looking for long-term financing up to 15 years; 2. Banks and Financial institutions providing medium and long-term loans, syndicated lending, project finance to corporate clients"