- Requirements for gold-long-term financing loan applicants: Funding should not exceed 30 percent of the amount of gold reserves expressed in MNT in the gold mining company’s licensed area;
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The participating gold mining enterprise will use the loan for investment purposes; Participating gold mining enterprise must fully accept the terms of purchasing mined gold from the Bank of Mongolia during the financing period, and will pay in MNT according to the loan repayment schedule;
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The debt of the reclassified loan in the name of the ownership of the company is unpaid;
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The borrower must have enough cash flow to pay the loan and interest obligations and have qualified collateral.
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