news

France’s State-Owned Investment Bank BPIFrance and the Trade and Development Bank of Mongolia Signed a Memorandum of Understanding for Strategic Cooperation

  • By
  •   -  
  • 2024-11-01
  • 55
  • 0
France’s State-Owned Investment Bank BPIFrance and the Trade and Development Bank of Mongolia Signed a Memorandum of Understanding for Strategic Cooperation

Trade and Development Bank of Mongolia (TDB) participated in the “Mongolia – France Business Meeting”, an event focused on fostering trade, financial, and economic development collaboration between Mongolia and Republic of France. During this occassion, TDB and BPIFrance, the French state-owned investment bank, signed a Memorandum of Strategic Cooperation. Through this strategic partnership, TDB and BPIFrance have committed to strengthen their collaboration across various sectors, with a focus on promoting business development, economic growth, and the enhancement of bilateral trade activities between two nations.

The forum, organized by the Mongolian National Chamber of Commerce and Industry, included representatives from 28 French organizations and enterprises, facilitating networking opportunities and establishing a platform for partnership. TDB remains dedicated to supporting its clients’ business endeavors and facilitating Mongolia’s foreign trade by offering competitive short and long-term financing solutions. These favorable financing options are available to customers across arange of sectors, including road transportation, international trade, construction, telecommunications, mining, and industrial development.

0 COMMENTS