News & Media

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 …

KhanLex advised European Bank for Reconstruction and Development on its USD 5.0 million convertible loan to Erdene Resource Development Corporation (Erdene).The loan will help complete a pre-feasibility study, carry out …

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