Green Bond

By investing in bonds issued by a leading, financially strong publicly traded company, you can not only earn stable returns but also contribute to financing environmentally friendly projects and initiatives.

For detailed information on Green Bonds, CLICK HERE

ABOUT KHAN BANK

Khan Bank’s Sustainable Development  Journey

Key Financial Indicators

GREEN BOND PROGRAM

On June 13, 2023, the Financial Regulatory Commission of Mongolia granted Khan Bank approval to launch the first Green Bond program in the Mongolian capital market.


A Green Bond is a sustainable financing debt instrument designed to support the green economy, mitigate climate change, and fund environmentally friendly projects and initiatives.


Mongolia has committed to reducing greenhouse gas emissions by 22.7% by 2030, and green investments are considered crucial to achieving the UN Sustainable Development Goals. As the leading bank in Mongolia, holding 32% of the banking system’s assets, Khan Bank is pioneering the Green Bond program.


Under the Green Bond program, a total of USD 30 million in financing will be offered in two phases.


In the first phase, 170,000 MNT-denominated Green Bonds will be publicly offered, each with a nominal value of MNT 100,000, a 36-month maturity period, an annual interest rate of 16%, and semi-annual interest payments.


Key Features of the Green Bond

Core Documents of the Green Bond

Green Bond Financing Framework

This framework defines the “green” attributesof the bond to be issued, outlines eligible projects for financing, Process and establishes reporting obligationsto investors regarding the use of bond proceeds. This document has been developed in accordance with the International Capital Market Association (ICMA) Green Bond Principles and Mongolia’s Green Finance Taxonomy, as defined by the Mongolian Sustainable Finance Association.
You can access the Green Bond Financing FrameworkHERE.

Third-Party Verification

The Green Bond Financing Framework Green Bond Principlesmust be verified by an independent assessment body to ensure compliance with international standards.

For Khan Bank, this verification has been conducted by 'Sustainable Fitch,' a division of Fitch Ratings.
The Green Bond Financing Framework document Green Bond Financing FrameworkHERE.

Areas Eligible for Green Bond Financing

Partnering Professional Institutions

SUBSCRIPTION INSTRUCTIONS

FREQUENTLY ASKED QUESTIONS