345 application selected for an apartment loan

As informed spokesman of the Apartment Financing Corporation by April 1, 2012 selected 345 application on request for low percentage loan.

Since March 12, 2012 the Apartment Financing Corporation receiving application from citizens who wants to get low percentage apartment loan. The Government of Mongolia announced 6 percent per year apartment loan for citizens in frame work of 100 000 apartment program.

“We selected 345 application who filled a requirement for loan. Selected applications we handed to the State Bank and Capital bank. Now banks will decide to release the loan” said spokesman.

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