LAW ON CREDIT GUARANTEE PASSED
Ulaanbaatar, Mongolia /MONTSAME/ On Friday, the parliamentary session passed a draft law on credit guarantee and related top it laws after final discussions.
Approved by 70.2 per cent of MPs, the law on credit guarantee is to help develop small- and middle-sized productions, especially those who, when starting a business, face problems due to difficult situation when there is no pledge to be held as security for taking loans, and when commercial banks do not issue loans.
B.Khuder
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B.Khuder
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