The National Life Insurance LLC (NLIC) of Mongolia has
signed an MoU with two Mongolian entities, Golomt Bank, and Bodi Daatgal, a
general insurance company, and with Sun Reinsurance Brokers of UAE. The goal is
to introduce a distribution model in Mongolia that
Khan Bank, the largest commercial bank in Mongolia, and
South Korea’s state-owned Export Import (EXIM) Bank have signed a loan
agreement to support export and import trade financing in Mongolia. EXIM now
offers USD10 million credit facilities to Khan Bank so that it
City Mayor G.Munkhbayar has ordered the commission
responsible for preparing for the winter to intensify their work. He stressed the
importance of working responsibly and said people will have to answer for
failures and mistakes in execution. He criticized the way some repairing
Inaugurating the first forum of Mongolians
living and studying abroad Prime Minister S.Batbold on Monday said, “We
Mongolians now have to decide how we use the future. We stand at the threshold
of great opportunities and also bear the responsibility to lead the
The Head of the Standing Committee on Justice,
B.Bat-Erdene has written to State Prosecutor General D.Dorligjav asserting that
the Committee did not willfully delay taking a decision on the demand for the
dismissal of the head and the deputy head of the Anti-Corruption
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