TDB’s working capital loans are suitable for financing all kinds of working capital needs and short-term business expenses.
|
Amount |
Up to MNT 350.0 million |
Above MNT 350.0 million |
|
Monthly interest |
1.35% - 1.85%MNT |
Flexible depending on borrower’s risk rating |
|
Tenor |
36 months |
|
|
Service fee |
0.5 |
|
* Effective percentage rate /annual/: 16.92%-22.93%
The Investment loan can accomplish following purposes: buying new techniques, equipments, upgrading equipments, build real estate, to renew real estate, to expand real estate.
| Amount | Up to MNT 350.0 million | Above MNT 350.0 million | |
| Interest rate MNT |
annual 16.2% - 22.2% |
Flexible depending on borrower’s risk rating | |
| Term | 60 months | ||
| Service fee | 0.5% | ||
| Other terms | 20-30 percent of the total budget must be financed or can be finance from its own resources. | ||
* Effective percentage rate /annual/: 16.92%-22.93%
We offer foreign currency trade loan to our clients and business owners who import all types of consumer goods and products as well as services from China, Russian Federation, Republic of China (Taiwan), South Korea, Japan, EU countries and other countries.
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Loan amount: |
Up to 85-100% of the sale and purchase agreement |
|
Loan term: |
From 6 months – up to 10 years |
|
Loan currency: |
USD, EUR, RMB, RUB, JPY, GBP, MNT |
|
Loan interest: |
Base rate of foreign bank + TDB margin* |
*Will be determined by the Credit Committee decision of TDB.
TDB’s equipment loans can be used to purchase all kinds of equipment (manufacturing equipment, heavy machinery, etc.)
|
Amount |
70% of the purchasing equipment price or min. MNT 50.0 million, or equivalent foreign currency |
|
|
Interest |
MNT |
1.5-1.9% (per month) |
|
USD |
1.3-1.7% (per month) |
|
|
Term |
Up to 60 months |
|
|
Fees |
0.5% |
|
|
Downpayment |
Аt least 30% |
|
|
Collateral |
Purchasing equipment (additional collateral will be pledged if necessary) |
|
|
Insurance |
Purchasing equipment must be insured |
|
At the moment, if you are not interested to sell your physical gold and keep it in a safe way as well as you can use it for working capital and provide a variety of your own financial needs.
|
Loan amount |
|
|
Gold price |
Will be calculated by exchange rate of TDB at the moment. |
|
Stop loss rate of the gold |
Minimum gold price, which is agreed by the borrower to sell the pledged gold. |
|
Fees and commission |
0.15 percent of the loan amount |
|
Collateral |
Physical gold |
You are able use this service in order to find a solution in a short time for all type of your financial demand.
|
Amount |
Up to 500,000,000.0 (five hundred million) MNT (depends on transactions through current account) |
|
Interest rate |
Monthly interest rate of business loan + 0,2% (per month) |
|
Duration to use the right |
Up to 6 months |
|
Refundable duration |
1 month (Duration to refund to overdraft bank balance from client) |
|
Commission |
0.5 percentage (1 time) |
|
Pledge |
Current account income (additional pledge is required if necessary) |
This loan is for small and medium-sized enterprises (SME) with lack of collateral to expand their businesses and start new projects. Moreover, you can buy assets, equipment, and finance current assets.
You can get a loan at lower interest rate than regular loan for business that guaranteed by Credit Guarantee Fund from all our branches.
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Borrower
|
Small and medium-sized enterprises (SME)
|
|
Loan amount
|
Until MNT 2 billion
|
|
Interest rate
|
8.88%-12.34% per annum
|
|
Tenor
|
Up to 10 years
|
|
Grace period
|
Up to 2 years
|
|
Service fee
|
0.5% |
|
Amount of guarantee
|
30%-60% of total loan amount
|
|
Guarantee commission of Credit guarantee fund
|
50,000 MNT
|
|
Guarantee fee of Credit guarantee fund
|
1% of total guaranteed amount every year
|
For legal entities:
For individuals:
The main purposes of the two step project loan are the expansion of existing businesses and the development of new projects by building, purchasing, and renovating an industrial and service purpose property and buying equipments, furnitures, and tools.
|
Amount |
Up to MNT 800,000,000.00 or an equal amount of USD |
|
|
*Interest (Varies semi-annually) |
MNT |
₮7.0% per annum |
|
USD |
$10.27% per annum |
|
|
Tenor |
Up to 10 years |
|
|
Service fee |
0.5% |
|
|
Requirements for the borrower |
To be a private-dominated or domestic-dominated enterprise registered in Mongolia
|
|
|
Requirements for the project |
1. At least 20% of the project cost should be financed by the borrower’s own fund 2. No negative impacts on environment 3. Working capital finance should not be more than 20% of the total project finance. |
|
*Interest rate as of the first half of 2023
The main purpose of this project loan is to finance working capital and investment financial needs of the project implementer in order to exclusively improve the enterprise’s value-added chain (herders, supply chain, manufacturing, marketing, domestic and foreign trade, branding and management system of the company).
|
Amount |
USD 150,000.0-3,000,000.0 or an equal amount of MNT |
|
|
Interest rate |
MNT |
Up to 8% per annum |
|
USD |
Up to 7% per annum |
|
|
Tenor |
3-7 years |
|
|
Assessment fee |
0.15% (to be taken once from approved amount) |
|
|
Service fee
|
0.5% |
|
|
Requirements for the borrower |
|
|
|
Requirements for the project |
|
|
This project loan is especially designated to support and expand existing businesses of small and medium enterprises and allow them to implement new projects. The loan could be disbursed for following investments:
Certain part of the loan can be used for financing the working capital of the business.
|
Amount |
According to the amount approved by the project selection committee |
|
Interest rate (MNT) |
7.0% per annum |
|
Tenor |
Up to 5 years |
|
Assessment fee |
No |
|
Requirement for the borrower |
|
With this loan, it is possible for you to fully or partially purchase an industrial, trade, office or service-purposed building; finance an uncompleted building; construct a new building as well as expand or renovate a building.
|
Amount |
Up to 70% of total valuation of purchasing immovable property |
|
|
Term |
Up to 120 months |
120 months - up to 180 months
|
|
Interest rate
|
annual 18.00% - 22.80%
monthly 1.50% - 1.90% |
annual 18.30% - 23.10%
monthly 1.53% - 1.93% |
|
Downpayment
|
min 30%
|
|
|
Grace period |
1-12 months depending on the loan purpose |
|
|
Service fee |
0.5% |
|
|
Insurance |
Purchasing building and constructed building financed by this loan must be insured |
|
|
|
Loan |
Credit line |
|
Loan Amount |
Up to 90% of invoice |
Highest amount of invoice executed in the last year |
|
Interest rate |
Monthly 1.6% - 1.9% /MNT/ |
|
|
Commitment fee: |
||
|
Loan tenor |
Up to 75 days |
Up to 12 months |
|
Collateral |
The receivable |
|
|
Additional collateral |
Moveable Collateral + Fixed Collateral + Letter of Guarantee |
|
|
Service fee |
0.5% |
|
|
|
Receivable secured loan |
Credit line of receivable secured load |
||
|
Loan amount |
Up to 90% of invoice amount |
Up to highest agreement amount of last one year |
||
| Loan tenor | Up to 75 days | 24 months | ||
| Currency | MNT | USD | MNT | USD |
| Annual interest rate | 13.8% - 17.0% | 9.6% - 12% |
13.8% - 17.0% |
9.6%-12% |
| Commitment fee: Annually 0.0% | ||||
| Service fee | - | |||
| Collateral | Receivable amount 100% | |||
*Subcontractors who qualified under these conditions may to be involved.
The Trade and Development Bank of Mongolia (TDBM) has successfully concluded with International Investment Bank (IIB) a USD 15 million worth long-term financing agreement as part of its sustainable financing program. Apart from supporting businesses that implement green projects and programs that are environmentally friendly, mitigate climate change, and reduce greenhouse gas emissions, the IIB financing will be utilized to provide concessional financing to women executives and female-dominated businesses in Mongolia. Thereby, the given deal between TDBM and IIB will significantly contribution to the country’s economic recovery by facilitating sustainable development in Mongolia.
|
INTEREST RATE /ANNUAL/ |
14.4% - 16.8% per annum |
|
LOAN AMOUNT |
Up to MNT 1.5 billion |
|
LOAN TERM |
Up to 36 months /Working capital financing/ |
| Up to 60 months /Investment financing/ | |
|
GRACE PERIOD* |
Up to 12 months |
|
COLLATERAL |
Real estate and movable property |
| Service fee |
0.5% |
|
Purpose of the loan |
Investment financing, Working capital financing |
*The grace period shall not exceed 1/3 of the total loan tenor.
|
The borrower company shall meet one of the following requirements |
|
|
1 |
51% or more of shareholders to be female shareholders |
|
2 |
To have a female CEO / Director General |
|
3 |
50% or more of the total staff are to be women |
Trade and Development Bank has initiated the “Climate 30+ Green Recovery Program” to effectively achieve its targets to implement UN SDGs at an organizational level and to become a green bank, which will lead to an accomplishment of TDB’s long-term strategic goal, defined as to become an international bank. Business Green Loan has been offered on the market with favorable conditions such as a concessional interest rate and a relatively long tenor, which will further contribute to the successful operation of TDB’s green recovery program by supporting the green and sustainable business operation of its esteemed customers.
| Type of Business Green loan | Business loan |
| Revolving credit line | |
| Letter of Credit, Letter of Guarantee | |
|
Loan amount |
The loan amount will be defined as per the project scope |
|
Interest rate /mnt/ |
14.4%-16.8% per annum |
| Risk commission of confirming LC/LG | 2.5% |
|
Loan Tenor |
Up to 60 months |
|
Grace Period |
Up to 12 months |
|
Service Fee |
0.5% |
|
Collateral |
Immovable and movable property |
*The grace period shall not exceed 1/3 of the total loan tenor.
The purpose of this loan is to support jobs, create and expand operations of self-employed, micro-business owners.
|
Amount |
Self-employed and herdsmen |
Up to MNT 10 million |
| Partnerships and cooperatives as well as citizens who have returned from jobs in a foreign country | Up to MNT 25 million | |
| Micro-industry and service providers | Up to MNT 50 million | |
|
Interest rate (MNT) |
Annual 8.5% |
|
|
Term |
Up to 36 months |
|
|
Service fee |
0.5 % (min 50 000 MNT) |
|
|
Grace period |
Up to 6 months |
|
| For citizens: | For entities: |
| 1. Loan application (From the banking sector or click HERE to download.) 2. A copy of the notarized citizen identification card (applies to a person whom the loan is jointly received). 3. Leasing contract, account statement, inventory balance 4. Marriage certificate (marital status if not married) 5. Other required documents (permission to run operations, licenses etc). |
1. Loan application (From the banking sector or click HERE to download.) 2. State certificate of registration 3. Company rules; 4. Leasing contract, account statement, inventory balance 5. Other required documents (permission to run operations, licenses etc). |
|
Amount |
Up to MNT 1 billion /Not to exceed 80% of the future income regulated by the agreement/ |
|
Interest rate (MNT) |
Annual 19.2%-22.8%, Monthly 1.6%-1.9% |
|
Term |
Up to 12 months /Not exceed from agreement term/ |
|
Service fee |
0.5% |
*Effective percentage rate (yearly): 17.5% - 19.92%
|
Amount |
Up to MNT 1 billion /Not to exceed 80% of the future income regulated by the agreement/ |
|
Interest rate (MNT) |
Annual 19.2%-22.8%, Monthly 1.6%-1.9% |
|
Term |
Up to 12 months /Not exceed from agreement term/ |
|
Service fee |
0.3 % (min 50 000 MNT) |
*Effective percentage rate (yearly): 17.5% - 19.92%
