June 6

Press Release: Symbiotics Investments Provides a US $10 Million Gender-Focused Bond to Khan Bank in Mongolia

Symbiotics Investments has arranged a USD 10 million gender-focused bond for Khan Bank, a commercial bank in Mongolia, via the Vision Microfinance DUAL Return Fund.

With the issuance of this gender-focused bond, Khan Bank reiterates its commitment to the United Nations Sustainable Development Goals “SDGs”, in particularly SDG 5: Gender Equality. To this end, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.

Photo courtesy of Josep Castell.

Source: Symbiotics (link opens in a new window)

gender equality, gender lens, impact bonds, impact investing, microfinance, SDGs, women entrepreneurs