Banks to lend MNT 9.7 billion to metropolitan manufacturers Print E-mail
g.munkhbayar.jpeg       Manufacturing units in Ulaanbaatar will get loans worth MNT9.7 billion under an agreement Mayor G.Munkhbayar signed with five commercial banks yesterday. Each business can borrow up to MNT50 million and repay it within three years at 1 percent interest per month. The banks will also lend budgeted money to manufacturers.
Source: www.news.mn

 
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