|
Terms |
MNT | USD | EUR | CNY |
JPY |
|
Annual Interest rates |
14.00% | 4.00% | 3.60% | 4.00% |
3.30% |
|
Interest rate upon early termination of contract /annual/ |
2.0%-4.8% | 1.20% | 0.60% | 0.60% |
0.60% |
|
Minimum deposit |
10,000 | 10 | 10 | 100 |
1,000 |
|
Interest payments |
Per annum |
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|
Account opening fee |
Free |
||||
|
Savings book |
Free |
||||
| Tenor |
Contract expiry is 12 months and it can be renewed every year, up until your children is up to the age of 18. |
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We will create the most favorable working environment for employees, support them in every possible way, and provide opportunities for their development by implementing a human resources policy that will provide our employees with satisfaction, stability and high productivity.
We comply with Mongolian law and follow the standards set and proper corporate governance principles in our daily operation, thus increasing the Bank’s value. The Bank fulfils the Bank of Mongolia and regulatory requirements, ensures information transparency, and reports the financial and non-financial data and results of the social responsibility program to the public. Furthermore, the confidentiality of the customer’s data is held at the highest priority and is secured accordingly.
| BANK NAME | CURRENCY | ACCOUNT NUMBER | SWIFT CODE | LOCATION | |
 |
AGRICULTURAL BANK OF CHINA | CNY | 6.00E+15 | ABOCCNBJ050 | HOHHOT, CHINA |
 |
ALFABANK | RUB | 3.01E+19 | ALFARUMM | MOSCOW, RUSSIA |
| USD | 3.01E+19 | ||||
| GBP | 3.01E+19 | ||||
| EUR | 3.01E+19 | ||||
 |
BANK OF INNER MONGOLIA | USD | 1.16E+17 | HSSYCNBH010 | ERLIAN, CHINA |
| CNY | 1.16E+17 | ||||
 |
CHINA CONSTRUCTION BANK | CNY | 1.50E+19 | PCBCCNBJNME | ERLIAN, CHINA |
 |
COMMERZBANK AG | EUR | 400878504000EUR | COBADEFF | FRANKFURT, GERMANY |
| GBP | 400878504000GBP | ||||
 |
INTERNATIONAL BANK FOR ECONOMIC COOPERATION | EUR | 3.01E+19 | IBECRUMM | MOSCOW, RUSSIA |
| USD | 3.01E+19 | ||||
| RUB | 3.01E+19 | ||||
 |
KEB HANA BANK | USD | 0963THR003000018 | KOEXKRSE | SEOUL, KOREA |
 |
OVERSEA-CHINESE BANKING CORPORATION /OCBC/ | USD | 503-558751-301 | OCBCSGSG | SINGAPORE |
| SGD | 717-370571-001 | ||||
| HKD | 503-295065-201 | ||||
 |
SUMITOMO MITSUI BANKING CORPORATION | JPY | 5402 | SMBCJPJT | TOKYO, JAPAN |
 |
TRANSKAPITALBANK | USD | 3.01E+19 | TJSCRUMM | MOSCOW, RUSSIA |
| RUB | 3.01E+19 | ||||
| EUR | 3.01E+19 | ||||
| CNY | 3.01E+19 | ||||
| GBP | 3.01E+19 | ||||
| KRW | 3.01E+19 | ||||
| CHF | 3.01E+19 |
The bank manages risks within the risk appetite statement approved by the Board of Directors as per our policy and procedures on the risk appetite framework. The risk appetite statement covers all types of risks including credit risk, market risk, liquidity risk, operational risk, information security risk and compliance risk.
As per our procedure on implementing our risk appetite policy, the first line of defense units are responsible for implementing activities in line with the relevant risk appetite policy and related risk limits in their respective areas, and for taking appropriate action where necessary. The procedure also states that the second line of defense units are responsible for regular monitoring of risk appetite within each type of risk.
The risk appetite statement and its related risk limits along with other important risk topics are reported through the Integrated Risk Report to the executive management level Risk Management Committee. Additionally, risk appetite implementation is reported to the Board Risk Management Committee on a quarterly basis.
At the operational level, the bank has adopted a three lines of defense model to allocate appropriate roles to the business lines and support functions. This includes our business units at the first line of defense to own and manage their risk, our risk and compliance units at the second line of defense to develop the risk management framework and to challenge and support the business units, and lastly the internal audit to provide independent review and assurance on the effectiveness of risk management framework and its functioning.
Тавигдах шаардлага
6.77%
7.24%
9.26%