Trade and Development Bank (TDB) has raised MNT 105.5 billion from a total of 2,528 investors in the primary market, and the target amount of MNT 83.5 billion was oversubscribed by 126.4%.
In accordance with the strategic plan of creating a proper asset structure and expanding into the market of individuals and small, medium enterprises, the bank has planned to spend the capital in the following business segments:
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50% of the total raised capital for the corporate segment
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20% of the total raised capital for small and medium enterprises segment
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30% of the total raised capital for the individual’s segment
Disbursements on raised capital: /with loans granted during the period from 28.05.2023 to 30.06.2023/
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The amount of loans allocated to the corporate segment: MNT 256.9 million
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The amount allocated to small and medium enterprises segment: 0
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The amount allocated to the individual’s segment: MNT 3.7 billion
A total of MNT 4.0 billion was spent during the above period using 4.79% of the raised capital.
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