Ulaanbaatar
About forum on state-run assets management
EconomyUlaanbaatar /MONTSAME/ This action kicked off Monday in Ulaanbaatar with a topic “Specializing a structure of asset management of the financial sector and ensuring financial stability by developing the second market”.
It has been co-organized by the representatives of the Asian Development Bank (ADB), asset management corporations of China, South Korea and Thailand, savings insurance corporations of South Korea, authorities of Mongolia’s Ministry of Finance, the Bank of Mongolia and officials of commercial banks.
The gathered are discussing ways of introducing asset management actions in our financial sector’s structure and adjusting it to Mongolian legal environment. The Bank of Mongolia pays special attention to creating of a structure for selling non-standard assets to the second market, managing it in appropriate ways and implementing the actions for a long time.
