CAPITAL BANK WANTS TO ISSUE MORTGAGE LOANS
Ulaanbaatar, Mongolia /MONTSAME/ At the cabinet meeting on Wednesday, the Minister of Finance D.Khayankhyarvaa introduced a proposal from the Capital Bank on cooperating in granting a six-percent interest mortgage loan to low- and middle-income people.
The the cabinet arranged that the Capital Bank should issue mortgage loans from its own and the DBM's sources. A first-step financing for the programme were raised from the DBM by trading bonds of USD 580 thousand with the governmental guarantee on March 21 this year.
B.Khuder
The the cabinet arranged that the Capital Bank should issue mortgage loans from its own and the DBM's sources. A first-step financing for the programme were raised from the DBM by trading bonds of USD 580 thousand with the governmental guarantee on March 21 this year.
B.Khuder
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