MIL-OSI Russia: Belarusbank approved as a full member of the SCO Interbank Association

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

Beijing, June 6 (Xinhua) — Belarusbank was approved as a full member of the Interbank Association of the Shanghai Cooperation Organization (IBA) following the 21st meeting of the Council.

Speaking at the meeting held at the China Development Bank headquarters in Beijing on Thursday, participants expressed their willingness to provide high-quality financial services to jointly build a more beautiful SCO common home.

As an important platform for regional financial cooperation, the SCO IBC should further intensify cooperation between its member banks in the areas of infrastructure connectivity, scientific and technological innovation, industrial modernization, green and low-carbon development, and digital economy, continuously deepen humanitarian exchanges, and strengthen mutual trust and understanding, the meeting participants said.

The SCO Interbank Association was established in October 2005. Its activities are aimed at supporting economic cooperation in the SCO region. -0-

MIL OSI Russia News