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In 2009, the Bank of Mongolia rescued Zoos Bank at a cost of MNT 100 billion, combining it with Anod Bank to form the government-owned State Bank. [15] Later in 2013, the Mongol Bank was forced to take over the 5th largest lender, Savings Bank, and merge with State Bank, due to a bad loan made to a gold mine owned by its parent company, Just ...
The Trade and Development Bank (TDB) of Mongolia (Mongolian: Худалдаа Хөгжлийн Банк, Khudaldaa Khögzhliĭn Bank) is a commercial bank located in Ulaanbaatar. It is the oldest, as well as one of the largest banks in Mongolia. [1] It was founded in October 1990 and currently has a total of 97 branches throughout the country. [2]
A Korean Odyssey [1] (Korean: 화유기; RR: Hwayugi) is a South Korean fantasy television series starring Lee Seung-gi, Cha Seung-won, Oh Yeon-seo, Lee Hong-gi, and Jang Gwang. Written by the Hong sisters , the drama is a modern spin-off of the Chinese classic 16th-century novel Journey to the West .
Golomt Bank was founded in 1995 on March 6 with four employees and 400 million togrog as the country was transitioning from planned economy to market economy. As of 31 December 2015, the Bank had 71 branches within Mongolia. Also, 26 sub-branches and digital channels include ATMs, Internet, and Mobile banking.
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
The State bank (Mongolian: Төрийн банк, romanized: Töriin Bank) was established by government of Mongolia from the assets of two failed banks, Anod Bank and Zoos Bank, of Mongolia on November 24, 2009. It has about 201 to 500 employees. [1]
Mongol Shuudan Bank, English Mongol Post Bank) was established. [11] However, by the second half of the 2000s, the bank had large tax debts to the state. [12] In 2009, a decision was made to merge the institution with the Savings Bank of Mongolia (Mong. Khadgalamzhiin Bank, English Savings Bank), which was successfully completed in 2010. [13]
Mengjiang, also known as Mengkiang, officially the Mengjiang United Autonomous Government, was an autonomous zone in Inner Mongolia, formed in 1939 as a puppet state of the Empire of Japan, then from 1940 being under the nominal sovereignty of the Reorganized National Government of the Republic of China (which was itself also a puppet state).