The Development Bank of Mongolia (DBM) reports that it has financed over 1,600 projects through commercial banks with one trillion MNT for the past six years.
Fifty energy projects have received 700 billion MNT from the DBM. Officials say that by financing the projects through domestic commercial banks, a system has been developed to sustain risks and increase domestic benefits.
The Development Bank of Mongolia (DBM) reports that it has financed over 1,600 projects through commercial banks with one trillion MNT for the past six years.
Fifty energy projects have received 700 billion MNT from the DBM. Officials say that by financing the projects through domestic commercial banks, a system has been developed to sustain risks and increase domestic benefits.