2021-07-04 12:13:09
Ulaanbaatar /MONTSAME/. The Parliament of Mongolia adopted amendments to the Banking Law on January 29, 2021. According to the amendments and the “Temporary regulation on developing, implementing, reporting, and monitoring, a bank’s plans to restructure of the bank as publicly traded company and change its shareholding structure, and plans” for the implementation of its restructuring, must be submitted for review to the Bank of Mongolia and Financial Regulatory Commission by July 1, 2021.
Golomt Bank submitted its plan for becoming a Publicly Traded Company to the Bank of Mongolia and Financial Regulatory Commission on June 29, 2021.
In the process of offering shares to the public, Golomt Bank is cooperating with the best, prestigious international and domestic organizations, as the main underwriter “Mirae Asset Securities Mongolia” LLC, as the assistant underwriter “Golomt Capital” LLC, as a legal advisor “Financial Law Consulti
2021-04-05 16:51:36
Ulaanbaatar /MONTSAME/ We spoke with L. Bolormaa, A Board Member of Golomt Bank, Chairperson of Women Entrepreneurs Council at Mongolian National Chamber of Commerce and Industry about policies to support women in business and women leadership.
In December of 2013 I received an offer to lead the Golomt Bank’s turn-around and I was appointed as the Executive Vice President and Chief Investment Officer at Golomt Bank. I have led the efforts of expanding our operations in trade finance, investment banking and a newly established custodian bank. During my tenure we continually increased our funding from international banks and successfully established a partnership with more than 10 banks. Currently Golomt Bank is one of the leading banks in Mongolia in trade finance covering close to 43 percent of all trade finance transactions in Mongolia.