Welcoming World Bank representatives
On October 14, 2021, S.Baatarsuren, Acting CEO of the Deposit Insurance Corporation, and other representatives met with Benjimin Mussoku, Senior Financial Officer of the World Bank, and Z.Tsolmon, Advisor. During the meeting, the sides exchanged views on further joint activities within the framework of bilateral cooperation. Including:
1.Re-evaluate the 16 basic principles issued by the International Association of Deposit Insurers (IADI);
2.Defining the direction, policy and scope of activities of the Deposit Insurance Corporation in connection with the changing social and economic situation and improving the control participation;
3.Participate in detailed training on methods, and techniques for working with the Bank’s Recipient to assets, asset quality and loan portfolio of the liquidated bank;
4.They discussed the joint implementation of activities such as setting the scope of deposit insurance and developing a model.