EuroChamber Mongolia is a leading organization representing European businesses in Mongolia. We foster economic ties between the EU and Mongolia, promoting investment and supporting businesses in navigating the local market. Our mission is to create a fair and competitive business environment.

Contacts

Eco International Tower, Suite 1606
Peace Avenue, Khoroo 1
Sukhbaatar District, Ulaanbaatar
Mongolia 14250

communications@eurochamber.mn

(+976) 9575 2050

Banking & finance News

On November 28, 2024, the EuroChamber Banking and Finance Working Group held its November meeting, featuring the Governor of the Bank of Mongolia, Mr. Lkhagvasuren Byadran, as the keynote speaker.

Mr. Lkhagvasuren provided a comprehensive overview of “Monetary Policy in 2025”, addressing key economic projections and responding to questions from the audience.

He also outlined the Bank of Mongolia’s policy targets for managing inflation in 2025, aiming to maintain it within a range of ±5%. Additionally, he discussed government initiatives to support SMEs, supply chains and recent changes to mortgage loan policies.

The meeting was attended by representatives from Khan Bank, Trade and Development Bank, and Capitron Bank, all esteemed members of EuroChamber Mongolia.

A special thanks to Khan Bank for providing the meeting venue.

The Banking and Finance Working Group is chaired by Ms. Enkhzaya B., Director of the International Banking Division at Golomt Bank, and co-chaired by Mr. Uuganbayar T., Vice President of Wholesale Banking at Khan Bank.