EBRD’s Trade Facilitation Programme names Khan Bank as Mongolia’s Most Active Issuing BankEconomy
Ulaanbaatar /MONTSAME/. The European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TFP) recognizes its most successful partner banks every year. For the year 2020, Khan Bank was awarded the Most Active Issuing Bank in Mongolia 2020 for the 11th consecutive year.
Since 2007, Khan Bank has cooperated with the EBRD to provide Khan Bank customers with a comprehensive range of high-quality trade finance products and services that comply with international standards and regulations. Khan Bank provides a comprehensive range of trade finance products, such as documentary credit, guarantees, and stand-by letters of credit while providing trade loans with flexible terms through its long-standing cooperation with its global partner banks.
As Mongolia's leading bank, Khan Bank collaborates with over 20 international banks to raise trade funds bilaterally, as well as over 800 international banks and financial institutions through the Trade Facilitation Program.