PROJECT

Projects

Summary of Investment Information

Project Number

33008

Company Name

KHAN BANK JSC

Date SPI Disclosed

Feb 7, 2013

Country

Mongolia

Region

East Asia and the Pacific

Projected Board Date

Mar 15, 2013

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Mar 20, 2013
Signed : Mar 26, 2013
Invested : May 8, 2013

Sector

Commercial Banking - General

Project Description

The Project is a 5-year senior loan of $30 million to Khan Bank (the “Bank”), an IFC existing client, to strengthen the Bank’s capacity in supporting local SMEs.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation