International Bank for Economic Co-operation (IBEC)
Banque internationale pour la coopération économique
Mezdunarodnyj Bank Ekonomicheskogo Sotrudnicestva (MBES)
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22 Oct 1963, Moscow (USSR), on signature of Intergovernmental Agreement and Statutes, including: multilateral settlements and IBEC organization; the Statutes of the Bank (an integral part of the Agreement). These were registered with the Secretariat of the United Nations on 20 Aug 1964, No 7388. Agreement and Statutes amended: Dec 1970; Nov 1977; Dec 1990.
Contribute to economic growth and sustainable development of member states; promote trade and economic cooperation and integration among member states and beyond; support interregional trade and assist in expansion to new markets.
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