Trade & Development bank of Mongolia

Trade & Development bank of Mongolia

On September 16, 2013, a loan agreement was signed with Trade and Development Bank of Mongolia on providing finance for the bank’s credit operations in Mongolian territory, including lending to SMEs.

The total amount of the syndicated loan is USD 82 million

The organiser is FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.)

The credit share, provided by the IIB, is USD 10 million

The loan term is 5 years.