Investment funds in local SMEs - Proposed transaction - Bogd Bank

Founded in 2014, Bogd Bank LLC is a Mongolian commercial bank headquartered in Ulaanbaatar and specialized in corporate, retail, and SME lending. Bogd Bank is one of the youngest commercial banks in the country and the use of modern digital banking technologies has helped them scale up the portfolio. DGGF will provide a senior loan to Bogd Bank of USD 8 million.