MDS & KhanLex advises ADB on a USD 40 million credit line to Mongolian Khan Bank (Oct 2014)

MDS & KhanLex advised Asian Development Bank on its USD 40 million credit line to Khan Bank LLC to fund loans to micro, small and medium enterprises in Mongolia.

Khan Bank is Mongolia’s largest bank in terms of total assets, loans and deposits.

This is the second loan facility by ADB to a Mongolian commercial bank.

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MDSKhanLex LLP is a limited liability partnership, incorporated in accordance with Law on legal status of lawyers and is authorized to conduct lawyers’ professional activity per Mongolian law issues.

This publication does not necessary cover core or important issue of the topic and it is prepared only with intention to provide general information to our clients and/or other interested persons.   This publication does not constitute legal advice under professional activity of lawyers.