Category: SME business loan – REPO

Loan products for supporting small and medium-sized manufacturers and enterprises operating in the non-mining export sector6

Terms and conditions

Conditions	SME business loan – REPO /export/
Loan amount	Up to 3,000,000,000/Three billion/ MNT
Loan interest /annual/	10.50% / Repo trading interest rate + 4 percentage points does not exceed/
Loan interest /month/	Up to 2 years
Service fee	In the case of a new loan, it will not exceed 1% of the amount of the loan granted, or 1,500,000 MNT
Increased interest	Equal to 20% of the loan interest
Application fee	30,000 MNT
Period of Exemption from Basic Payments	At least 6 months
Other	Other requirements and conditions of the Bank of Mongolia
Credit database reference fee	For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT
*-According to the orders and decisions of the Bank of Mongolia, the terms of the products are subject to change from time to time.

Set by the Bank of Mongolia, which provides repo financing sources;
As provided in Articles 4 and 5 of the Law on the Support of Small and Medium Enterprises and Services, citizens and industrial units with up to 200 employees and up to 2.5 billion annual sales revenues are eligible;
Non-mining exports, manufacturing, services*, wholesale or retail trade with 200 or more employees;