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Mongolia Business Summit 2015 discuss business opportunities in Mongolia

The Mongolia Business Summit was organized from June 18 to 20 at Ikh Tenger Complex in Ulaanbaatar, with a focus to introduce business opportunities in Mongolia, set business ties, and promote the cultural development of Mongolia.
Over 500 domestic and international participants attended the summit to discuss current and future business trends and opportunities in Mongolia in depth.
In his opening address, President Ts.Elberdorj spoke on the current economic climate in Mongolia, highlighting the importance of further industry diversification and progress through unity in all sectors of the country.
Throughout the event, attendees had the opportunity to engage in discussions on targeted growth industries of Mongolia such as mining, infrastructure, energy and financial, as well as to propose key mega projects intended for Mongolia’s infrastructure development.
Acting Executive Director of the Mongolian Stock Exchange (MSE) D.Angar participated as the event’s main speaker, and introduced the current condition of the Mongolian stock market, policies of the MSE, and talked about possibilities for raising capital through the MSE.
The summit ended on Saturday with participants going on site tours of the Gobi Cashmere Factory, APU, Sharyn Gol, and Erdenet’s commercial hub.

 

http://ubpost.mongolnews.mn/?p=15004

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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. 

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