A method of fabricating an electrode for electrochemical processes, involving deposition of an active coating consisting of a metal oxide from the platinum group, at least one iron group metal oxide selected from the group consisting of iron, manganese and cobalt, and boron oxide on an electrically conductive base, which comprises applying onto said electrically conductive base a solution of a thermally decomposed boric compound, at least one thermally decomposed metal compound selected from the group consisting of iron, manganese and cobalt, and at least one thermally decomposed metal compound from the platinum group, and subjecting said base having said solution thereon to thermal treatment at a temperature of 360.degree. to 500.degree. C.