News & Media

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 …

A bill has been enacted by the Mongolian Parliament on January 29, 2021, amending the Banking Law of Mongolia. According to the bill, the so-called “systemic” commercial banks in Mongolia …

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 …

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 …

KhanLex advised European Bank for Reconstruction and Development on its US$ 4 million loan to XacLeasing LLC. The loan also blends US$ 1 million of GCF concessional finance. The loan …

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 …

KhanLex has been instructed by a Fortune 50 software company to provide legal services related to IPR protection, as well as to represent its interests in possible legal actions in …

KhanLex advised Asian Development Bank on its US$ 30 million loan to XacBank LLC. The loan will support expansion of XacBank’s financing to micro, small, and medium-sized enterprises in Mongolia, …

KhanLex advised European Bank for Reconstruction and Development on its loan to VisionFund Mongolia NBFI LLC. The loan will support VisionFund Mongolia to offer financing to MSMEs in Mongolia. VisionFund …

KhanLex advised European Bank for Reconstruction and Development on its MNT 3,0 billion senior loan facility to the largest microfinance institution in Mongolia – Transcapital NBFI LLC. Transcapital, one of …

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