ACTIVITY TITLE
Regional - Mongolia - Khan Bank II
Reported by
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
Planned start date 2024-05-15
Planned end date 2027-05-17
Actual start date 2024-05-15
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
Funding Multilateral
KHAN BANK JSC
Implementing Private Sector
General
Provision of a senior unsecured GEFF loan of up to USD 10 mln (EUR 9.2 mln), of which up to USD 7.5 mln from EBRD and up to USD 2.5 mln from GCF, under the GCF Green Economy Financing Facility (GEFF) Framework. Tenor is up to 3 years, including a 1.5 year-grace period. The proceeds of the loan will be used for financing investments in climate change mitigation and adaptation technologies and services in line with the standards and reporting requirements for the GCF-GEFF Regional Framework.
recipient country ( 1 )
MongoliaMN
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
MONGOLIA
ID 2029969 (Geonames)
46 105 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Formal sector financial intermediaries24030
100
GLOSSARY
Formal sector financial intermediariesAll formal sector financial intermediaries; credit lines; insurance, leasing, venture capital, etc. (except when focused on only one sector).
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2024-05-15
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
KHAN BANK JSC
7,211,885.19
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
Provision of a senior unsecured GEFF loan of up to USD 10 mln (EUR 9.2 mln), of which up to USD 7.5 mln from EBRD and up to USD 2.5 mln from GCF, under the GCF Green Economy Financing Facility (GEFF) Framework. Tenor is up to 3 years, including a 1.5 year-grace period. The proceeds of the loan will be used for financing investments in climate change mitigation and adaptation technologies and services in line with the standards and reporting requirements for the GCF-GEFF Regional Framework. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/55422
Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient