Green Loan Program for SMEs in Mongolia

State
Mongolia
Client
TDBM
Implementation date
2021
Volume
USD 10 mln
Field of activity
SDG aligned financing
The International Bank for Economic Co-operation has supported the Green Loan Program of the Trade and Development Bank of Mongolia (TDBM) for small and medium-sized enterprises in Mongolia. IBEC has provided loan in the amount of USD 10 million for a period of up to 3 years. Participation in the program is fully consistent with the new IBEC strategy and confirms the Bank's pathway towards financing sustainable development, stimulating green investments, promoting social stability and supporting the SME sector.

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