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TDB WAS THE “BANK OF THE TRADE FAIR” OF “FUTURE MONGOLIA-2012”, THE FIRST WORLD CLASS INTERNATIONAL TRADE FAIR Trade and Development Bank (TDB) has been actively participating in various seminars and forums for the purpose of promoting foreign investment and trade and the international trade fair “Future Mongolia 2012” and Conference of stable development were successfully held in the Buyant Ukhaa sport complex in Ulaanbaatar between May 16th and 18th 2012.
The special feature of the fair was that over 100 internationally reputable and world class producers, suppliers, and related service companies from 14 different countries had participated in the fair to present their latest machineries, technologies and equipments that function in the environment protection, electric energy, roads, transportation, construction and mining industries.
TDB acted as the “Bank of the Trade Fair” and the Platinum sponsor, promoted its products and services at the exhibition hall and organized traditional music performances as well as local beer serving for visitors, hence receiving appreciations from the trade fair visitors. Moreover, the event was co-organized by the German engineering federation VDMA /Verband Deutscher Maschinen- und Anlagenbau/ with the support of Mongolian government.
On the first day of the conference, President of TDB, Mr.Randolf Koppa, gave a presentation within the framework of “Financial Issues” addressing the necessary financing and projects, which are to be implemented in the mining and infrastructure sectors.
Furthermore, on the 3rd day of the conference, the Director of International Banking Department of TDB Ms. Erkhembayar made a presentation on the topic of “ Trade Finance Business”, which contained TDB’s brief introduction, Foreign trade payment and financing instruments as well as introduction of long-term financing instrument, which is the main banking product in the center of attention among the mining sector.
Over the past years, TDB signed a long-term financing agreement with the German’s reputable banks and financial institutions namely- BHF, Commerzbank AG, AKA, and Bayarn LB and within the scope of these Agreements the Bank is providing long-term and low-interest financings for projects and import of equipments from Germany and other countries. As a bank that supports the mining sector, TDB is ready to further assist, advise and to cooperate with our customers.
2012-05-23
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