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Ulaanbaatar, July 22, 2011 (ABN Newswire) - This year's conference, titled "Mongolia: Capital Raising and Investment" was the fifth edition of its kind to be organized by Frontier Securities. Having grown year on year in terms of importance since 2007, this conference has become a major event for anyone interested in exploring the latest developments in Mongolia's business environment from key direct sources.
The focus of this last edition, held in the context of a robustly growing economy and booming mineral exports, encompassed the dynamics of capital raising from the viewpoint of the Mongolian government and local private sector by way of privatization and/or bond issue. It further provided the global investors community (266 Mongolian and foreign entities covering 19 countries were represented) with some relevant and up-to-date insights about the numerous opportunities offered by a wide array of sectors in the country, the most prominent of which being the mining sector. The conference has gathered more than 500 prominent industry leaders and government officials.
View the Video Interview here:
http://www.abnnewswire/press/en/68546/Khan-Bank
About Khan Bank
Khan Bank, with 500 branches across all of Mongolia with more than 4000 employees, is the largest bank in Mongolia, providing banking services to an estimated 80% of Mongolian households. The Bank finances corporate, small and medium businesses, consumers, and individuals.
As of 2009, 100 percent of the Bank's branches are operating on a real time basis providing customers with direct access to all banking services from everywhere in Mongolia.
Khan Bank's central office is located in the capital city of Ulaanbaatar, and it houses executive and administrative offices, as well as a full service banking. There are 5 branches in UB city and 24 regional branch offices throughout the country, each of which supervises an additional 15 to 25 sub branches in its area. The regional branches are fully automated centers for consolidating the region's service activities, and they are connected to the central office by satellite. Each branch directly serves the banking needs of a community of 15,000 to 60,000 people.
About Frontier Securities
Frontier Securities is the first local Mongolian Securities firm with a global network and international expertise. Established by Masa Igata, Frontier has been given full-service securities related license by the Financial Regulatory Committee (FRC) of Mongolia. Frontier also has brokerage, dealing and underwriting licenses that are regulated by FRC. Since its establishment, Frontier's primary area of focus has been the cross-border investment banking business.
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