Ulaanbaatar
Mongolia Participates in the Annual Meeting of the European Bank for Reconstruction and Development
Economy
Ulaanbaatar, May 16, 2025 /MONTSAME/. The European Bank for Reconstruction and Development (EBRD) held its Annual Meeting and Business Forum in London, the United Kingdom of Great Britain and Northern Ireland, on May 13–15, 2025.
At the Opening Session of the Bank’s Board of Governors, the third strategic plan for 2026–2030 was adopted. In connection with the Bank’s expansion of operations into Sub-Saharan Africa, Benin, Côte d’Ivoire, and Nigeria were approved as new EBRD recipient countries.
The EBRD’s investment in Mongolia rose from EUR 143 million in 2023 to EUR 264 million in 2024. Mongolian private-sector participants from the banking, finance, manufacturing, and services sectors attended this year’s meeting and forum. During the Annual Meeting, Khan Bank concluded a USD 145 million deal, which the Ministry of Finance noted is the largest single EBRD financing ever extended to a Mongolian financial institution.
Total EBRD investment in Mongolia has reached EUR 2.6 billion, with 74 percent directed to the private sector.
