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: […]


Major transport projects will provide new opportunities for foreign investors Mongolia is looking to expand its economy – and its exports – by processing more of its natural resources to move up the value chain, according to President Tsakhiagiin Elbegdorj. Elbegdorj told the global publishing, research and consultancy firm Oxford Business Group (OBG) that the […]

XacBank has established a US$300,000,000 Euro Medium Term Note Programme

10.08.2011, Ulaanbaatar/ XacBank LLC (“XacBank”) announces it has established a US$300,000,000 Euro Medium Term Note Programme (the “Programme”) with ING ( and UBS ( have been appointed to act as the joint arrangers and dealers of the Programme. Under the Programme, XacBank may issue senior or subordinated notes in any currency as may be agreed […]