First Deputy Chief Executive Officer discusses DBM issues, policy and aims.
During the Government’s inspection ofthe Development Bank of Mongolia, an MNT 1.3 trillion discrepancy was noticed and the bank was on verge of bankruptcy, losing both governance and financial independence. Accordingly, the Government took immediate actions to adjust the issues and appointed a new executive team. We met with Mr. Ch.Enkhbat, the First Deputy Chief Executive Officer of Development Bank of Mongolia to discuss the issues as well as the bank’s policy, aims and further actions. It has been some time since the Executive team was assembled. What has the Executive team accomplished since then?