3,413.51
With the induction of
Golomt Bank, Khas Bank, State Bank and Capitron Bank on Monday, bank card network
now has eight members. Khan Bank, Trade and Development Bank, Capital Bank, and
Ulaanbaatar City Bank were already members of the network set up in June. Non
cash transactions now account for 50% of total bank transactions, and with the
addition of new members, it will increase further.
Use of bank cards reduces risk for citizens and makes for easy, reliable and
prompt service. Mongol Bank is considering a proposal to issue a national card
that can be used by the customer of any bank in the network.
Golomt Bank, Khas Bank, State Bank and Capitron Bank on Monday, bank card network
now has eight members. Khan Bank, Trade and Development Bank, Capital Bank, and
Ulaanbaatar City Bank were already members of the network set up in June. Non
cash transactions now account for 50% of total bank transactions, and with the
addition of new members, it will increase further.
Use of bank cards reduces risk for citizens and makes for easy, reliable and
prompt service. Mongol Bank is considering a proposal to issue a national card
that can be used by the customer of any bank in the network.
