16 Dec, 2019
ADB, XacBank Sign Private Sector Loan to Support MSMEs in Mongolia
The Asian Development Bank (ADB) and XacBank signed today a $30 million A loan agreement—as part of a financing package which includes cofinanciers—to support expansion of XacBank LLC’s financing to micro, small, and medium-sized enterprises (MSMEs) in Mongolia, focusing on those owned by women and located outside Ulaanbaatar.
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