- Flexible terms tailored to the specifics of your business;
- Long-term financing;
- Based on the customer’s business area and needs.
Project Loans and Syndication
Project Loans and Syndication
We provide our customers with services to finance their projects by attracting funds from international markets using appropriate financial instruments.
Advantages
Green Project Loan
The purpose of this product is to finance our customers’ projects that are intended for their improvement of sustainable use of energy, water, and materials, better waste management, long-term sustainable operation and their green businesses projects.
Advantages of Green Project Loan
- Longer repayment and grace period, available in 3 currencies;
- The product provides our clients with the opportunity to modify their basic business model, thus shift to a more resource-efficient, environmentally friendly and green business model.
Terms and Conditions of Green Project Loan
|
Green Project Loan |
MNT | USD |
EUR |
| Maximum amount of loan |
Depends on business scope and financial abilities. |
||
| Interest rate /monthly/ |
2.0%- 1.6% |
1.5% – 1.1% |
1.5%-1.1% |
| Interest rate /annual/ |
24.0%-19.2% |
18.0%- 13.2% |
18.0%-13.2% |
| Loan period |
Up to 60 months |
Up to 36 months |
|
| Service fee |
1% of loan amount (min. MNT 1,500,00) |
0.5% of loan amount (min. USD 1,500 or equivalent amount in EUR) |
|
| Penalty rate |
20% of loan amount |
||
| Fee for amending the initial term of the loan |
0% |
||
| Grace period |
12-24 months |
||
