• Be a Mongolian citizen or an entity registered in Mongolia that runs business operation in the territory of Mongolia
• Been stably running the business in the last 12 months and continue to pursue it
• Satisfy the financial ratios at an appropriate level as it is the bank criteria
• Collaterals shall meet the bank’s collateral requirements
• Shall not have any outstanding past due loans
• Shall not have any history of loans from banks and NBFIs classified as non-performing
• Others

Additional criteria:

• The main business activity must be included in the Green Taxonomy of the Bank of Mongolia;
• The main business activity and purpose of the loan must be “low risk” according to the environmental, social and environmental risk assessment of the Bank.
• The Green requirements of the Bank’s internal procedure for environmental, social and environmental risk assessment have been met depending on the level of risk.
• Lending activities are not included in the “List of Prohibited and Warning Activities” specified in the Bank’s environmental and social risk assessment procedure.

• Loan Application
• State registration certification of business entity and company charter
• Special operations license
• Resolution from Board of Directors, and minutes of Shareholders’ meeting evidencing the authorization of loan application
• Original or notarized copy of ID card of the authorized personnel and 1 passport-sized photo taken within the last 6 months
• Documents of the property to be pledged as collateral
• Audited financial statements, financial statements confirmed by the taxation office, and other documentation for proof of income and expense
• Documents evidencing the intended use of the loan, related agreements
• Proof of loan history, loan agreements and payment records of the past 3 years
• Others