Government Decisions will Affect the Tavan Tolgoi IPO

The following is an interview concerning the IPO of  Erdenes Tavan Tolgoi with the CEO of Edenes Mongol B.Enebish, member of the board of directors of the Mongolian stock market B.Bold, and the President of the investment bank MICC D.Achit-Erdene. How is the preparation for Erdenes Tavan Tolgoi’s  IPO on the international market going? B.Enebish: […]

TDB signs contract with Chinese banks

The Trade and Development Bank of Mongolia has signed import financing contract with the largest Chinese banks. “Agricultural bank”, “Production trading bank” and state bank of “Bao Shing” in Bugat city of China and the Mongolian TDB have agreed to give “Renminbi and Dollar” financing to those businessmen importing goods and products from China. It […]

Korea Development Bank to run Development Bank of Mongolia

The South Korean Development Bank will manage the Development Bank of Mongolia under the terms of an agreement signed yesterday at the Government House in Ulaanbaatar. The agreement follows the Mongolian State Property Committee’s search for an international “management team” to run the Development Bank of Mongolia. The committee ultimately selected the South Korean Development […]