Original disclosure @ EBRD website
Updated in EWS Nov 22, 2022
Disclosed by Bank Aug 9, 2022
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Under this project, EBRD provides a 5-year senior loan to Khan Bank LLC of up to USD 60 million, of which up to USD 45 million to be provided by EBRD and up to USD 15 million by the Green Climate Fund ("GCF") under the GCF - Green Economy Financing Facility ("GEFF") Regional Framework.
KHAN BANK LLC
KB is the largest commercial bank in Mongolia with total assets of USD 4.7 billion, loan portfolio of USD 2.5 billion, and equity of USD 0.45 billion as of YE2021. The bank is currently rated "B3" by Moody's and "B" by Fitch, both with a stable outlook. The bank has a universal focus and a nationwide presence in the country through more than 547 offices.
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COMPANY CONTACT INFORMATION
Erdenedelger B., Director of Treasury and Investment Bankingerdenedelger.firstname.lastname@example.org+976 11 332 333+976 70 117 023www.khanbank.comKhan Bank LLC Seoul Street-25, PO.BOX-192, Ulaanbaatar, Mongolia
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: firstname.lastname@example.org or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html