The Development Bank to cooperate with Ex-Im Bank - News.MN

The Development Bank to cooperate with Ex-Im Bank

Old News! Published on: 2012.05.02

The Development Bank to cooperate with Ex-Im Bank

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Г. Нэргүй
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The Development Bank of Mongolia a signed a memorandum on
mutual understanding with Ex-Im bank of USA yesterday, on May 1. The memorandum
opens possibility on accept high technology by low percentage and long term
loan, purposed for an implementation major projects.

The Ex-Im bank expressed they will on cooperation railway
and road construction, energy sector and processing of raw materials.

The Ex-Im is state owned bank, established in 1934.

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