Increased paid-in capital by MNT 22 billion, reaching MNT 100 billion, ranking 2nd in the banking system as of Q3 2020.
Introduced Mongolia’s first physical gold current account and demand deposit services, tailored for gold producers to support financial planning and price risk management.
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May 2020
Acted as a co-underwriter in the IPO of Bodi Insurance LLC under its underwriting license.
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April 2020
Signed a Memorandum of Understanding with Development Solutions NGO to jointly implement the BEST program in support of SME clients.
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April 2020
Launched the “Children’s Bank” project to promote financial literacy among children, establishing a dedicated facility at the Khuurkhun Shar Shuvuu Training and Research Center.
Awarded “Best CSR Bank in Mongolia 2020” by Asiamoney.
Recognized by Asiamoney as the “Best Bank for SMEs in Mongolia”.
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May 2019
Engaged KPMG, one of the “Big Four” audit firms, to audit its 2018 financial statements. And joined the Mongolian Securities Dealers Association.
Increased capital to MNT 78 billion, ranking as the 7th largest bank in Mongolia by equity.
Fully implemented Financial IFRS 9, IFRS 15, and IFRS 16 standarts in its operations.