OUR HERITAGE

Bogd Bank

US$8MM Senior Debt for On-lending to SMEs and Women-led SMEs

Delphos Financial Advisor Bogd Bank
Delphos Financial Advisor Bogd Bank

Delphos has been engaged with Bogd Bank since 2021, helping the bank secure critical financing to support SMEs and women-led businesses. In December 2023, Delphos facilitated an additional US$8MM in senior debt from Stichting Fondsbeheer DGGF Lokaal MKB, represented by Triple Jump B.V., for on-lending to SMEs and women-led SMEs.

Mongolia, Funds and Financial Services, Credit, Asia, Capital Raising, 2024, SDG

Sector

Funds and Financial Services

Amount Raised

US$8,000,000

Deal Type

Capital Raising

Unique Challenge

Delphos advised on structuring and arranging the senior debt facility, supporting engagement with DGGF and aligning the transaction with financial inclusion and gender-focused lending objectives.

Sub-sector

Credit

Year

2024

Type of Financing

Debt

Deal Impact in Numbers

  • Increased SME lending capacity
  • Approximately 70% of loans allocated to women-owned businesses
  • Approximately 30% of loans allocated to green financing

Lender

Stichting DGGF Lokaal MKB (Rep. by Triple Jump B.V)

SDGs

SDG 5 Achieve gender equality and empower all women and girlsSDG 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allSDG 10 Reduce inequality within and among countriesSDG 13 Take urgent action to combat climate change and its impacts

Borrower

Bogd Bank JSC

Deal Impact in Lives

  • SMEs and entrepreneurs
  • Women-owned businesses
  • Local communities and employees

Location

Mongolia

Mongolia Bogd Bank Financial Advisory Delphos