EBRD launches Regional Small Business Programme

Date: 2018/09/14

The European Bank for Reconstruction and Development (EBRD) launched Regional Small Business Programme (RSBP) for the support of the Micro, small and medium-sized private businesses in Mongolia. The launch event in Ulaanbaatar, co-hosted by the Bank of Mongolia, was attended by senior representatives of the EU, the EBRD, the government of Mongolia, international organisations and local financial institutions.

Head of the EBRD Resident Office in Mongolia Mrs. Irina Kravchenko, and Advisor to the Governor and Chief Economist of the Bank of Mongolia Mr. Ganbaatar Jambal has opened the event with noting the outcomes of the new online platform, which will add important financial and management tools for financial institutions, as well as skills and qualifications for lending experts of the commercial banks.

The RSBP will offer access to a digital platform designed to transfer knowledge on credit analysis, banking services and MSME finance-related topics to local financial institutions.