Trade credit line

Product terms:

Terms MNT USD EUR CNY JPY
Maximum amount The maximum amount of the loan shall be determined by the business size, capital and financial capability.
Service fee 1% on loan amount /Up to 1,500,000 MNT/ 1% on loan amount /Up to 1000 USD/ 1% on loan amount /Up to 1000 EUR/ 1% on loan amount /Up to 5000 CNY/ 1% on loan amount /Up to 5000 JPY/
Commitment rate /annual/ 0%-2.0%
Period Up to 60 months
Amendment fee 0%
Application fee 10,000 MNT 10 USD 10 EUR 100 CNY 1,000 JPY
Reference fee /Loan database/* Private - 1,000 MNT
Corporate - 1,000 MNT

Loan before loading

Terms MNT USD EUR CNY JPY
Maximum amount Within the credit line of the trade, the trade agreement and the transaction amount shall not exceed
Interest /annual/ Source of costs+ 2.0%-4.0%
Period /in accordance with product cycle/ Up to 60 months
Service fee 0%
Full and partial prepayment of the loan Under the terms of the interest rate on foreign bank
Reference fee /Loan database/* Private - 1,000 MNT
Corporate - 1,000 MNT

Loan after loading

Terms MNT USD EUR CNY JPY
Maximum amount Within the credit line of the trade, the trade agreement and the transaction amount shall not exceed
Interest /annual/ Source of costs + 2.0%-4.0%
Period /in accordance with product cycle/ Up to 60 months
Service fee 0%
Full and partial prepayment of the loan Under the terms of the interest rate on foreign bank
Reference fee /Loan database/* Private - 1,000 MNT
Corporate - 1,000 MNT

*Effective from January 01, 2021.

Requirement to loan applicant:

  • Must be operating in the current field of business for no less than 12 months;
  • Must have no loan default at other banks or financial institutions;
  • Collateral assets (real estate or movable asset)
  • Other requirements of the Bank.