Trade and Development Bank (TDB), in collaboration with the Investment and Trade Agency (ITA), successfully organized an event titled “Business Cooperation Opportunities with Bpifrance”, aimed at expanding trade, financial, and economic cooperation between Mongolia and the French Republic.
During the event, TDB and Bpifrance the French state-owned development financial institution – presented financing opportunities, areas of cooperation, and support mechanisms. Comprehensive information was delivered to Mongolian enterprises interested in establishing partnerships with French companies and suppliers.
As part of the program, Ms. Solène d’Alcantara, Senior Regional Advisor for Asia-Pacific at Bpifrance, delivered a presentation entitled “Supporting France and International Business Contracts”, outlining Bpifrance’s financing structures and solutions.
Mr. O. Bayarsaikhan, Head of the International Banking Department at TDB, also presented on “Export Credit Agency (ECA) Financing with TDB”, highlighting its advantages over short-term financing instruments, while addressing common client challenges and best practices in structuring ECA-backed transactions.
Enterprises interested in implementing projects financed through Export Credit Agency (ECA) financing—with tenors of 7 to 18 years and backed by foreign government guarantees—for the acquisition of equipment are invited to contact the Structured Finance Unit of TDB’s International Banking Department to receive professional advice on foreign funding sources.
As Mongolia’s first commercial bank, TDB works with around 300 international banks and financial institutions to provide leading Mongolian enterprises with fast and favorable trade finance services. TDB accounts for 31% of the country’s foreign payments market and 44% of trade finance transactions directed to the European Union market, maintaining a leading position in the sector. The cooperation initiated with France’s development bank since 2024 further reinforces this position.
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TRADE AND DEVELOPMENT BANK