Sunday, May 11, 2014

Mongolia Secured Transactions Reform

09/18/2013 Project Estimated End Date : 06/30/2016 Status : Active Phase : Execution Country : Mongolia Region : East Asia and the Pacific Business Line : Access To Finance Estimated Total Budget : $836,810.00 Project Description To facilitate the development of a modern secured financing system in Mongolia, this project will focus on the following three areas: (i) Support the Mongolian Government to improve the legal and regulatory framework for secured transactions by finalizing and implementing the new Pledge Law. (ii) Institutional strenghtening and development of a new web-based registration system for movable assets. (iii) Develop the capacity of the credit industry on movables lending practices. Expected Development Impact IFC%s Mongolia Secured Transactions Reform project aims to improve access to finance for micro, small and medium enterprises in Mongolia, by strengthening the country%s financial infrastructure to facilitate lending secured by movable assets.

Project completion date : 2016-06-30 12:00:00

Major organization : INTERNATIONAL FINANCE CORPORATION

Address : 2121 Pennsylvania Avenue, NW Washington, DC 20433 United States

Country :United States

Financier : International Finance Corporation (IFC),

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Source: TendersInfo (India)

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