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Mongolian Bankers Association
is an independent, non-profit,
non-government organization
that established by banking
and non-banking financial
institutions, officially licensed
to operate within the territory
of Mongolia, with purpose
of serving its members.
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| The
main objective of MBA shall be: |
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- To protect common and legal
interest, and rights of members.
- To coordinate and guide
members on policy issues facing
banking and financial industry.
- To promote sound and efficient
development of the financial
sector
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| The
functions of MBA shall be: |
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- To participate in the implementation
of government financial sector
development policy.
- To represent members by
participating in the legislative
process laws, regulations
governing financial sector.
- To defend legal interest
of members of the Association
in front of regulatory and
judiciary organizations.
- To facilitate efficient
information system, and strengthen
mutual understanding, confidence
among members of the Association.
- To establish, and develop
standards used in banking
and financial sector operations.
- To train and retrain staffs
of banking and financial institutions.
- To introduce public on
the contributions of banking
and financial sector to economy
and society.
- To promote and support
development of member's relations
with foreign banks, associations
and international financial
institutions.
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| Management
of the MBA shall be exercised
by following bodies: |
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- The General Meeting of
all members or Convention
of the Association.
- The Managing Board headed
by the President of the Association
- The Executive Committee
headed by the Executive Director
of the Association
- The Subcommittees at the
Executive Committee on:
- Credit policy
- Deposit, payment, and
accounting policy
- External relations
policy
- Legislative and regulatory
policy
- Organizational, technological
and automation policy
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| Management
of the MBA shall be exercised
by following bodies: |
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- Magvan BOLD (President)
Executive director of Tenger financial group, a board member of Xac bank
- Balbar MEDREE (Vice President)
CEO of the TDBM
- Pagjjav DAVAA (Vice President)
Deputy director of the National Investment bank
- Munkhsaruul CHINGUN (Vice President)
VP, Director of Risk Management Division of the Golomt bank
- Shagdarsuren Zuunai (Executive Director)
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| Non-executive advisors: |
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- O. Orkhon (First Deputy CEO, TDB)
- L. Tur-Od (Deputy CEO, XacBank)
- B. Zagal (Vice-president, Golomt Bank)
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| Business
partners in Mongolia |
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- Government of Mongolia
- Central Bank of Mongolia
- German Development Cooperation (GTZ)
- International Finance Cooparetion (IFC)
- Economic Policy Reform and Competitiveness Project (EPRC/UDAID)
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| Foreign
Bankers Associations that established
relationship |
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- Asian Bankers Association
- Korea Federation of Banks
- Japan Center for International
Finance
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