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Special Terms of the Multilateral Credit Line

Terms and conditions

Main Conditions of the Multilateral Line

Structure and Purpose up to 200,000,000 MNT
Guarantee Authority

Working Capital Loan

100,000,000 MNT 100,000,000 MNT
Interest

Guarantee commission:*

Annual interest 3.00-5.00% Loan interest Monthly 1.8% Annual 21.6%
Period of the Line of Credit 12-18 months
Commitment interest** Annual 1.5%

Fee for Opening a Multilateral Credit Line***

0.5% of the Credit Line Amount

Guarantee Issuance Fee

0.00 MNT

Fee for Guarantee Amendments

Creditworthiness Statement Fee

Collateral

Collateral Requirements for Performance of Obligations under the Multilateral Credit Line:

  • 50% in Real Estate.

  • 50% in Movable Assets.

Conditions for Guarantee Invocation and Payment Obligation Fulfillment from Loan Funds

Loan Terms Related to Fulfillment of Guarantee Payment Obligations

Loan amount

Guarantee Amount + Outstanding Risk Fee Amount

Loan period up to 3 months
Loan interest MNT 24.0%