IIB signed a loan agreement with Mongolian Capital Bank
Today, at its headquarters, the International Investment Bank concluded a loan agreement with the Capital Bank (Mongolia). The facility, in the amount of EUR 5 million and tenor of 4 years, will be directed for development of small and medium-sized enterprises in Mongolia.
The Banks continued their cooperation, which started in October 2013, when they signed the first loan agreement, aimed at support of SME sector as well.
The loan has become the eighth one, disbursed by the IIB in Mongolia… Read more