π Tender Overview
Project ID: 57012
Status: Approved
Location: Mongolia
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 25 Nov 2025
Disclosure date: 28 Nov 2025
Project Description
A senior unsecured loan of up to US$ 4.5 million (in MNT equivalent) to be provided under the FIF in favour of Transcapital NBFI LLC, Mongolia (TCMN).
Project Objectives
Aligned with the FIF objectives, the project will provide medium-term local-currency financing to TCMN for on-lending to private Mongolian MSMEs, thereby helping to address the acute gaps identified in the Bank's Financial Sector Strategy and the Country Strategy for Mongolia. The project is expected to increase financing to local MSMEs, including in the regions, and ensure prudent lending practices and adequate portfolio quality of TCMN.