SitiProperties County Luxury Real Estate

Your site will always look sharp and utilize 100% of screen estate of every device.

DEPOSIT INSURANCE CORPORATION OF MONGOLIA HAS BECAME TOP ORGANIZATION

 

 

Deposit Insurance Corporation of Mongolia has received Award of Achievement in Banking Resolutions and Payouts from International Association of Deposit Insurers (IADI) by their achievement of restructuring State Bank. Savings Bank has merged with State Bank and State bank received total of 204.9 billion tugriks support and reasoned the financial sector stability. There are 77 members and this event helped the Mongolian banking sector to recognize at international level and increased the local people confidence.

 

Furthermore, by celebrating World Savings Day, Deposit Insurance Corporation of Mongolia has hosted the “Financial Open Day” along with Mongolian Banking Association and commercial banks. It was held at Blue Sky Tower on October 31st, 2014 and chosen 20 orphan children by their academic success and gave 50,000 Tugriks voucher.The special guest was Badarch. P and gave his books as a present and Oyun. L, Ph.D. and Professor in Economics, has gave speech about the importance of savings. All participants have received gifts and increased their financial knowledge.

Асуулт хариулт

WHO IS THE INSURED DEPOSIT HOLDER?

It is the entity or the person who is holding current account and money accounts at the commercial banks.

WHAT IS DEPOSIT INSURANCE?

 

Deposit insurance is the system that provides a limited security or hedging against the risk to member commercial banks and their deposit holders in order to create systematic financial stability and public’s trust to the banking sector, by paying back compensation or contract terms in case of insurance case.  It is the entity or the person who is holding current account and money accounts at the commercial banks. 

Link's