On December 23rd, 2021, Golomt bank has successfully signed a 3-year financing agreement for USD 8 million with Micro, Small & Medium Enterprises Bonds S.A, a fund managed by Symbiotics S.A., a leading Swiss-based impact investment management company. With this long-term financing, Golomt Bank will support its SME and MSME clients recovery and resilience post pandemic.
Golomt bank is dedicated to expand its international partnerships and deliver diversified funding sources with impact and sustainability principle for our SME clients to support business growth, job creation and overall development of the emerging market through all available mid to long term financing solutions.
Symbiotics SA is the leading market access platform for impact investing, dedicated to financing micro- small and medium enterprises and low- and middle-income households in emerging and frontier markets. Since 2005, Symbiotics has structured and originated some 6,500 deals for over 520 companies in almost 95 emerging and frontier markets representing more than USD 6.5 billion. Symbiotics covers over 1,000 financial institutions and intermediaries in more than 80 emerging and frontier markets, producing legal reviews and compliance checks, credit risk ratings, social responsibility ratings, financial and operational advisory reports, and financing capacity analysis.
Golomt Bank is one of the leading bank in Mongolia, with MNT 7.9 trillion in assets as of December 31st, 2021 serving corporate, SME and retail customer segments across the country. Golomt Bank aims to help its clients build sustainable businesses and with this goal in mind, Golomt Bank is working to bring favorable and diversified funding solutions to its clients.
On December 23rd, 2021, Golomt bank has successfully signed a 3-year financing agreement for USD 8 million with Micro, Small & Medium Enterprises Bonds S.A, a fund managed by Symbiotics S.A., a leading Swiss-based impact investment management company. With this long-term financing, Golomt Bank will support its SME and MSME clients recovery and resilience post pandemic.
Golomt bank is dedicated to expand its international partnerships and deliver diversified funding sources with impact and sustainability principle for our SME clients to support business growth, job creation and overall development of the emerging market through all available mid to long term financing solutions.
Symbiotics SA is the leading market access platform for impact investing, dedicated to financing micro- small and medium enterprises and low- and middle-income households in emerging and frontier markets. Since 2005, Symbiotics has structured and originated some 6,500 deals for over 520 companies in almost 95 emerging and frontier markets representing more than USD 6.5 billion. Symbiotics covers over 1,000 financial institutions and intermediaries in more than 80 emerging and frontier markets, producing legal reviews and compliance checks, credit risk ratings, social responsibility ratings, financial and operational advisory reports, and financing capacity analysis.
Golomt Bank is one of the leading bank in Mongolia, with MNT 7.9 trillion in assets as of December 31st, 2021 serving corporate, SME and retail customer segments across the country. Golomt Bank aims to help its clients build sustainable businesses and with this goal in mind, Golomt Bank is working to bring favorable and diversified funding solutions to its clients.