Project Notice |
|
PNR | 68578 |
Project Name | FIF - CA WIB Programme - Khan Bank IV |
Project Detail | Location: Mongolia Project number: 56004 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 09 Apr 2025 Status: Exploratory English-language PSD published: 05 Mar 2025 Project Description The provision of a senior unsecured loan of up to USD 70m to Khan Bank JSC (KB or the Company) under the Central Asia Women in Business Programme under the Financial Intermediary Framework (FIF, OpId 47424) (the WiB loan or the Project). The WiB loan will be granted in two equal tranches, of which the second will be uncommitted. Project Objectives The project will promote the competitiveness of the local economy and contribute to the financial inclusion of underserved female entrepreneurs. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Banking & Finance |
Country | Mongolia , Eastern Asia |
Project Value | MNT 70,000,000 |
Contact Information |
|
Company Name | KHAN BANK JSC |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/56004.html |