Month: December 2024

Categories
Flexible term deposit

Benefits

  • The highest interest rate;
  • You can make deposits and withdrawals;
  • Receive interest on a monthly basis;
  • You can manage your account by the Transbank application;
Categories
Flexible term deposit

Terms and conditions

Flexible term deposit

Conditions
Currency

MNT

 USD JPY
Terms

3 months
Nominal interest rate 0 – 99,999,999 MNT and equivalent currency

8.0%

 2.0%

1.5%
100,000,000 – 499,999,999 MNT and equivalent currency

9.0%

 2.25%

1.75%
More than 500,000,000 MNT or equivalent currency

10.0%

 2.5%

2.0%
Effective interest rate 0 – 99,999,999 MNT and equivalent currency

8.30%

 2.02%

1.51%
100,000,000 – 499,999,999 MNT and equivalent currency

9.38%

 2.27%

1.76%
More than 500,000,000 MNT or equivalent currency

10.47%

 2.53%

2.02%
Minimum balance

10,000 MNT

 10 USD

1,000 JPY
Interest payment

Monthly
Withdrawal

Allowed
Deposit

Allowed

Dear Customer, by depositing the interest you received into your savings account on the same day, you will have the opportunity to earn a return based on the “Effective Interest Rate”. If the interest is not re-deposited into your savings account, your returns will be calculated based on the Nominal Interest Rate.

Categories
Flexible term deposit

Eligibility or required documents

  • Customer application form; /download here/
  • Official letter; /Request to open an account/
  • A copy of the registration certificate issued by the State Registration authorities;
  • Company charter;
  • Authorized signature, stamp /must be authorized by notary/; /download here/
  • Authorized person’s documents such as identification card;
Categories
Underwriting

Advantages

  • Professional investment analyst and experienced team
  • Long-term secure partnerships
  • Up-to-date market news
Categories
Underwriting

Services

Initial public offering:

  1. Stocks
  2. Bonds

Private placement /Over-the-counter market/:

  1. Stocks
  2. Bonds

Issuing additional shares

Issuing asset-backed securities

Categories
Underwriting

Track record

  • In May 2020, we served as a co-underwriter for the initial public offering (IPO) of Bodi Insurance JSC.
  • In December 2022, we served as a co-underwriter for the over-the-counter issuance of bonds by Tavan Bogd Finance NBFI.
Categories
Microbusiness women support loan

Terms and conditions

Loan amount

 Up to 30 million/The maximum loan amount should not exceed 60% of the average of the last 6 months sales/
Loan interest /monthly/

1.60%-1.80%

Loan interest /annual/

 19.20%-21.60%
Loan term

Up to 12 months

Loan service fee

 0%
Commitment interest

2.8%
Credit reference fee

For each inquiry during loan application (Citizen, Organization) – 1,000 MNT

Actual cost /annual/:19.3%-21.7%

Categories
Microbusiness women support loan

Requirements

  • Be a self-employed woman entrepreneur;
  • Be the owner of the Gerege POS device and Transbank POS device, and the contract for using the device during the loan period is valid;
  • Experience of continuous business for the last 6 months, business income received at least in the last 6 months through current account in TransBank;
  • Having no overdue or non-performing loan balances in other banks and NBFI;
  • The loan applicant’s debt to total income ratio should be 60%
Categories
Microbusiness women support loan

Eligibility or required documents

  • Loan application;
  • A copy of the registration certificate issued by the State Registration authorities and Company charter;
  • Identity card;
  • Other banks and financial institutions loan contract, loan accounts statement;
  • Collateral documents and guarantee agreements (if applicable);
  • Special licenses, business plans and other documents related to business activities;
Categories
Savings backed loan

Benefits

  • No additional documents required;
  • Quick and easy access to a loan;
  • Apply and manage your loan through Online Banking;