KhanLex assists WorldBusiness Capital with its USD 15.0 million loan to Golomt Bank

KhanLex assisted US-based WorldBusiness Capital, Inc. (WBC) with the final disbursement of its USD15.0 million loan to Golomt Bank, one of Mongolia’s largest commercial banks. The disbursement will provide a funding source for Golomt to support its lending to SMEs throughout Mongolia, primarily businesses in the agribusiness sector. WBC’s loan is supported by the U.S. […]

Өмгөөллийн ХаанЛекс Партнерс ХХН нь ХААН Банк олон нийтэд хувьцаа гаргах ажлын хүрээнд мэргэжлийн хууль зүйн зөвлөхөөр сонгогдож, хамтран ажиллах гэрээнд гарын үсэг зурлаа

KhanLex Partners have picked up a mandate to advise Khan Bank of Mongolia on IPO. Appointment of KhanLex as IPO counsel has followed enactment by the Mongolian legislature of new banking regulations earlier in 2021. In particular, under these regulations the so-called “systemic banks” of Mongolia – such as Khan Bank – must become publicly-traded […]

ЕСБХБ-наас банк бус санхүүгийн байгууллагад 10 тэрбум хүртэл төгрөгийн санхүүжилт олгоход хууль зүйн зөвлөгөө үзүүллээ

KhanLex advised European Bank for Reconstruction and Development on its up to MNT 10,0 billion (€2.9 million equivalent) loan facility to Mongolia’s leading micro lender – Transcapital NBFI LLC. Transcapital, one of the first and largest microfinance institutions in the country, has been an EBRD client since 2013. The loan is one of the several […]

Банкны тухай хуульд нэмэлт, өөрчлөлт оруулах тухай хууль батлагдсанаар банк, үнэт цаасны зах зээлийн салбарын томоохон өөрчлөлтийн эхлэл тавигдав

On January 29, 2021, the Parliament of Mongolia approved amendments to the 2010 Banking Act of Mongolia. These Amendments introduce potentially sweeping reforms not only to the banking industry, but also to the Mongolia’s stock market. The attached summary highlights some of the key features of the Amendments. Please click here to read more

Банкны тухай хуульд нэмэлт, өөрчлөлт оруулах тухай хуулийн төсөл батлагдвал банк, үнэт цаасны зах зээлийн салбарын эрх зүйн томоохон шинэтгэл эхэлнэ

In August 2020 a bill proposing amendments to the 2010 Banking Act of Mongolia has been presented to the Parliament of Mongolia. If adopted, the amendments would introduce some sweeping reforms not only to the banking industry, but also to the Mongolia’s capital markets. Our summary highlights some of the key features of the proposed […]

Монголын томоохон арилжааны банкинд 4.8 сая ам.долларын санхүүжилт олгохтой холбоотой хэлцэлд ХаанЛекс нь “Frankfurt School Financial Services Gmbh” байгууллагад хууль зүйн зөвлөгөө үзүүллээ

KhanLex has advised “Frankfurt School Financial Services” Gmbh, an asset management firm for development projects, on its USD 4.8 million loan to KhanBank LLC, Mongolia’s largest commercial bank. The loan will support expansion of KhanBank’s financing to private micro, small and medium-sized enterprises across Mongolia.The loan also blends USD 20.0 million of BlueOrchard, a leading […]

Монгол улсын ноолуур үйлдвэрлэгч компанид 5 сая долларын зээл олгоход нь АНУ-ын Олон улсын хөгжлийн санхүүгийн корпорацид хууль зүйн зөвлөгөө үзүүллээ

KhanLex advised the U.S. International Development Finance Corporation (DFC) on its 5.0 million senior loan facility to Goyol Cashmere LLC, a fast-growing cashmere producer of Mongolia. The loan will help Goyol Cashmere LLC to construct a new factory and to purchase additional equipment in order to expand its production. Parts of the loan proceeds will […]