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Mongolia

IFC backs AND Global with US$7m for SME finance...

As part of its ongoing commitment to digital transformation and financial inclusion, the International Finance Corporation (IFC) has invested US$7m in a Series B funding round for AND Global, a leading Mongolian fintech company. The investment aims to support innovation...

#AND Global#fintech#IFC

IFC and FRC expand partnership for sustainable finance

The International Finance Corporation (IFC) and the Financial Regulatory Commission (FRC) of Mongolia have renewed their partnership to further advance…

#Financial Regulatory Commission#FRC#green finance


IFC is providing US$30m to M bank to support SMEs...

​To expand digital lending for small and medium enterprises (SMEs) in Mongolia, including women-owned businesses, IFC and M bank, Mongolia's…

#bank#emerging markets#management


EBRD and Khan Bank introduce value chain finance in...

The European Bank for Reconstruction and Development (EBRD) and Khan Bank one of the largest commercial banks in Mongolia are…


IFC backs leading Mongolian bank with USD20m for SME...

The International Finance Corporation (IFC) has agreed to provide US$20 million to Khan Bank LLC, Mongolia's largest bank by assets,…

#bank#financial services#international


Mongolian banks support reforms to increase SME lending

On 19 October 2012 the Mongolian Bankers Association (MBA), in collaboration with the International Finance Corporation (IFC) and the European…

#bank#international#SME lending

EU and EBRD launch new programme for SMEs in...

The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) are joining efforts to help Mongolia diversify…

#Access to Finance#bank#economy

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