IFC Arranges US$210 Million Financing Package for Khan Bank

On 3 November, IFC announced a US$210 million financing commitment to Khan Bank as part of an approved package of up to US$300 million. The funding includes US$130 million from IFC and US$70 million mobilized from ADCB and Commercial Bank of Dubai, supporting Mongolian SMEs, women-owned businesses, young entrepreneurs and rural enterprises. This creates opportunities for SME finance, risk advisory and investment services.

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