In April 2022, Golomt Bank successfully completed a third medium-term loan agreement with Enabling Qapital AG for a funding of USD 5 million. We greatly appreciate Enabling Qapital AG for their tremendous contributions and continued support for our SME and MSME clients’ recovery and resilience post pandemic.

With this facility, Golomt bank will continue to provide funding to eligible MSME and SMEs while supporting loans contributing to advancing the Sustainable Development Goals. Within the framework of Golomt Bank’s social responsibility and sustainable development policy, it is our main goal to support environmentally and socially friendly businesses to minimize the outcomes of the most pressing issues of our time.

This agreement is a milestone for Golomt Bank and with the long favorable business together with Enabling Qapital AG has enabled us to expand our business opportunities with other international impact investment funds.

Enabling Qapital AG manages the Enabling Microfinance Fund, which is an impact investment fund, located in Ruggell, Liechtenstein founded in 2008 with an aim to support promising, responsible, profitable and sustainable Micro, Small and Medium Enterprise Financing Intermediaries that focus on achieving social impact.  Enabling Qapital AG enables access to capital where it is needed most and to promote financial inclusion to people in developing economies currently overlooked by the financial system.  For more information, please visit the following link:  https://enabling.ch/

Golomt Bank is one of the leading banks in Mongolia, with MNT 7.8 trillion in assets as of March 31st, 2022 serving the corporate, SME and retail customer segments across the country. Golomt Bank aims to help its clients build sustainable businesses and, with this goal in mind, Golomt Bank is working to bring favorable and diversified funding solutions to its clients.