XacBank Sub Debt
Sector: Commercial • Location: Mongolia
Source: International Finance Corporation (IFC)
The Project is to extend a 7-year subordinated loan of $5 million to XacBank (the “Bank”) to help the Bank strengthen its tier-II capital and enable it to achieve its loan growth targets over the next three years. XacBank was established in October 2001 and has been an existing IFC client since 2002. The Bank seeks to aggressively grow its SME lending business over the next three years, and is thu
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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 | The Project is to extend a 7-year subordinated loan of $5 million to XacBank (the “Bank”) to help the Bank strengthen its tier-II capital and enable it to achieve its loan growth targets over the next three years. XacBank was established in October 2001 and has been an existing IFC client since 2002. The Bank seeks to aggressively grow its SME lending business over the next three years, and is thus in need of additional capital to make this possible. |
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 |