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Institution

Bank of Mongolia

Central Banks and Monetary Authorities

The Bank of Mongolia began in 1924 as a joint Mongolian-Russian institution called the Trade and Industry Bank of Mongolia and is headquartered in Ulaanbaatar. As the country's central bank its mission is to ensure the stability of the Mongolian togrog, and it promotes balanced and sustained development of the national economy through the stability of money, financial markets and the banking system.

Facts
Founding Year
1924 1
Sourced to the subject's own accountFounded 1924 as the Trade and Industry Bank of Mongolia (also called Bank of Mongolia); renamed State Bank of Mongolia in 1954; reconstituted as Mongolbank under the two-tier banking system established in 1991.
Founding Date
1924-06-02 1
Sourced to the subject's own accountFounded 1924 as the Trade and Industry Bank of Mongolia (also called Bank of Mongolia); renamed State Bank of Mongolia in 1954; reconstituted as Mongolbank under the two-tier banking system established in 1991.
HeadquartersSourced to the subject's own account
Ulaanbaatar 1
Geography
Country or Jurisdiction Served
Mongolia 2
Wikidata Q1320131, property P17 (country).
Classification
Institution SubtypeSourced to the subject's own account
Central Bank 1
In the Other Atlases
  • Also in Geography Atlas: Mongolia, located there.
Sources
1. Bank of Mongolia (Wikipedia)
Wikipedia
  • History section, first paragraph
    A joint Mongolian-Russian bank, called the "Trade and Industry Bank of Mongolia" (Bank of Mongolia) was opened on June 2, 1924 with head office in Urga and a single branch in Altanbulag.
  • infobox
    headquarters = Ulaanbaatar, Mongolia
  • Introduction, institution-subtype
    As the country's central bank its mission is to ensure the stability of the Mongolian togrog, and it promotes balanced and sustained development of the national economy through the stability of money, financial markets and the banking system.
View the Source
2. Wikidata
Wikimedia Foundation
Wikidata: Bank of Mongolia
Wikidata Q1320131, class allow-list match (w-wdresolver-0926)View the Source
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