Project Description
To facilitate the development of a modern secured financing system in Mongolia, this project will focus on the following three areas:
(i) Support the Mongolian Government to improve the legal and regulatory framework for secured transactions by finalizing
and implementing the new Pledge Law.
(ii) Institutional strenghtening and development of a new web-based registration system for movable assets.
(iii) Develop the capacity of the credit industry on movables lending practices.