▲ Up
 
04:41 18-11-2017
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Chinese bank to open its office in Ulaanbaatar
Central Asia | business | 15:27, 09 January 2017 | 1694

AKIPRESS.COM - The Executive Board of the Bank of Mongolia has decided to grant permission to the Industrial and Commercial Bank of China to open a representation in Ulaanbaatar.

This decision was made at a meeting of the Executive Board on December 5, 2016, reports news.mn.

According to Mongolian banking law, if a foreign bank wants to open a branch in Mongolia, it must receive government approval or, as in this case, approval from the Bank of Mongolia.

© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06