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BECOMES THE FIRST PRIVATE BANK IN MONGOLIA TO OPEN A REPRESENTATIVE OFFICE IN CHINA

The TransBank has received approval from the General Commission for Financial Supervision and Regulation of the People’s Republic of China to establish a representative office and has officially opened a representative office in Beijing, China.

Through the representative office, it provides Chinese entrepreneurs and financial institutions with relevant information about the Mongolian economy and market, and opens up favorable opportunities for cooperation by serving as a financial bridge connecting business organizations with Mongolian companies.