Following decisions were made on 28 May 2010 by the FRC meeting.
Thursday, 15 July 2010 07:46
ONE. Microfinance related
Changes were made in appendix of decree No.169 of FRC dated 2008
Granted additional license to “Net capital NBFI” LLC to engage in non bank financial trust services
Extended the license of “Goviin tsenher altai NBFI” LLC to carry on non-bank financial activity
Revoked the license of “Jam zam NBFI” LLC for carrying out lending activity and the license of “UBNP NBFI” LLC for carrying out non bank financial activities respectively.
Renewed the license of “Lkhabuyan” cooperative to carry out savings and credit cooperative’s activity
Extended the licenses of following cooperatives to conduct savings and credit cooperatives activity
“G S B E KH” “MINA”“BEKH”“CHADANKHUU”“GAN IVEEL”
Revoked the licenses of “MONCU” and “Avraga zoos”, cooperatives to engage in savings and credit cooperatives activity respectively