Mongolian Private Bank Issues Bonds on the Singapore Stock Exchange for the First Time
The placement of bonds not only allows the bank to diversify its funding sources but also contributes to the expansion of its activities, opening new horizons for forming credit portfolios, including "green" loans and other products aimed at small and medium-sized businesses. The agents for the bond placement were J.P. Morgan and Seaport Global.
Temuulen Batmunkh, the bank's CEO, noted that the successful entry into the international bond market is a significant achievement for their institution.
“This confirms that bank M has gained the trust of international investors and is capable of securing funding for its future growth in line with the requirements of the global market. We express our gratitude to our clients and partners for their continued support,” he added.
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