Mongolia Business and Mongolian Daily Business News

Last year Mongolbank provied over $75 million of loan to gold companies.But its outcome is not promising. Regardless loan size increase, gold companies mined 1,3 tons less than previous year. It was because of “Golden East Mongolia” halted its operation and Boroo Gold temporarily stopped its operation. It was revealed by the L.Purevdorj, President of Mongolbank during the hearing of SGK .

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