No loans to SMEs in five provinces - News.MN

No loans to SMEs in five provinces

Old News! Published on: 2010.07.14

No loans to SMEs in five provinces

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Issuance of soft loans to small and
medium enterprises has come to a halt  in
the five provinces of Arkhangai, Khuvsgul, Selenge, Bayan-Ulgii and Khovd,
following  the State Bank’s inability to
provide MNT 3.5 billion to the program. Ts.Nyam-Osor, a senior official in the
concerned department, has said that a new bank would soon be selected to carry
on with the work.

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