News & Media

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 …

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 …

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, …

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 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 …

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