TransBank signed agreement on collaboration with Loan Guarantee Fund of Mongolia.

 

TransBank signed an agreement on collaboration with the Loan Guarantee Fund of Mongolia on August 22, 2017.

In the framework of collaboration, the opportunities are comprised to vary economy, increase employment, and a guarantee of small and medium enterprises funding by supporting loan guarantee system. In other words, if the collateral is not worth enough when the bank observes the financial background, the bank supports the guarantee of the loan holder.

Furthermore, TransBank works widely and coherently to organize meetings and training for small and medium enterprises to provide information and advice about business loan and loan guarantee service consistently.