Khan Bank Loan
Sector: Raw Materials • Location: Mongolia
Source: International Finance Corporation (IFC)
_x000C_The project is to provide a 7 year loan of up to $15 million to Khan Bank (the Bank), formerly known as Agricultural Bank of Mongolia (Agbank), to support its growth in hard currency denominated corporate lending activities. The Bank is an existing IFC client. An equity investment of $1,174,733 was disbursed in Dec 2004. In Dec 2006, IFC participated in a rights issue of the Bank and made a
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | _x000C_The project is to provide a 7 year loan of up to $15 million to Khan Bank (the Bank), formerly known as Agricultural Bank of Mongolia (Agbank), to support its growth in hard currency denominated corporate lending activities. The Bank is an existing IFC client. An equity investment of $1,174,733 was disbursed in Dec 2004. In Dec 2006, IFC participated in a rights issue of the Bank and made an additional investment of $392,730. Currently, IFC holds 527,908 shares, representing a 9.1% stake in the Bank. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |