M·CAM | M·CAM, M-ICP Join With XacBank to Offer Innovation Finance Solutions in Mongolia

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October 1, 2010 In News Archive

M·CAM, M-ICP Join With XacBank to Offer Innovation Finance Solutions in Mongolia

Date: Fri, 2010-10-01

M·CAM, M–ICP Join With XacBank to Offer Innovation Finance Solutions in Mongolia

Ulaanbaatar, Mongolia – October 1, 2010 –– At a formal ceremony at the headquarters of XacBank in Ulaanbaatar, M·CAM and its Mongolian associate M–ICP entered into a formal agreement to offer M·CAM’s intangible asset finance solutions to the market for the first time in Central Asia. XacBank, known for its ground–breaking work on poverty reduction, environmental finance and double–bottom line business engagement, is Mongolia’s first bank to integrate an intangible asset collateral program into their banking portfolio.

For more information on XacBank, please visit: http://www.xacbank.mn and click on the English flag in the upper right.

For more information on M–ICP, please visit: http://www.m-icp.com

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