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MIK Holding JSC, an investment holding company, purchases mortgages and other loans with recourse issued at market interest rate from commercial banks and non-banking financial institutions in Mongolia. The company operates through two segments, Purchases without recourse and Purchases with recourse. It is also involved in the purchase of subsidized interest rate residential mortgages issued without recourse from commercial banks and issuance of RMBS securitized by the purchased mortgages back to the originating banks. The company was formerly known as SPC A LLC and changed its name to MIK Holding JSC on October 30, 2015. MIK Holding JSC was incorporated in 2008 and is based in Ulaanbaatar, Mongolia.
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