Mongolian Private Bank Issues Bonds on the Singapore Stock Exchange for the First Time
This step not only diversifies funding sources but also allows the bank to broaden its horizons by creating new lending opportunities, including "green" loans and offerings for small and medium-sized enterprises. The placement agents for the bonds were J.P. Morgan and Seaport Global.
According to Executive Director Temuulen Batmunkh, the successful entry into the international bond market has been a significant achievement for the bank.
“This success confirms the trust of international investors in Bank M and our ability to provide financing for future growth in line with global standards. We express our gratitude to our clients and partners for their unwavering trust,” he added.
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