IIB supports gender equality and sustainability in Mongolia with a loan to Trade and Development Bank (TDBM)
International Investment Bank (IIB) issued a loan facility of USD 15 million to one of Mongolia’s leading commercial banks – Trade and Development Bank of Mongolia (TDBM). The 5-year-term facility will provide funding for TDBM’s two specialised programmes aimed at further enhancement of the country’s sustainable development, namely, the Women Entrepreneurship Support Program (WESP) and Green Loan Program. In Mongolia, SMEs, especially women-led businesses, play an important role in the… Read more