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IPO

Trade Reports

Index

49487.75

( -41.42 -0.08% )
Index Unit Change
Top 20 Index 49487.75 -41.42
MSE A Index 18162.57 13.09
MSE B Index 14489.81 -132.28

News

THE FINANCIAL REGULATORY COMMISSION HAS GRANTED PERMISSION TO TENGER FINANCIAL GROUP LLC TO MERGE WITH XACBANK JSC

2025-07-25 16:49:48

On July 24, 2025, the Financial Regulatory Commission granted permission to reorganize the company by merging Tenger Financial Group (TFG) LLC, the parent company of XacBank, with XacBank.

JULY 25 TRADING REPORT

2025-07-25 16:20:06

 Total trade: MNT 1,967,182,299 (USD 548,577.46)

JULY 24 TRADING REPORT

2025-07-24 16:24:15

 Total trade: MNT 1,832,537,417 (USD 511,065.40)

News

“TRADE AND DEVELOPMENT BANK” JSC INTRODUCES THE REPORT OF DISBURSEMENT ON CAPITAL RAISED FROM THE PUBLIC

2024-07-18 11:28:48

Within the framework of its medium-term strategy of becoming a “Green Bank”, Trade and Development Bank of Mongolia (TDBM) has set to use net proceeds from its INitial Public Offering (IPO) of 5% of the Bank’s total issued shares, to finance its sustainable loans in line with eligible categories specified in TDBM’s Sustainability Framework. From the primary market, TDBM received 2,528 orders, total of MNT 105.5 billion (equivalent to approx. USD 30.5 million) for the Bank’s shares, which surpassed its initial target of MNT 83.5 billion ( or USD 24.2 million equivalent), and closed its IPO with oversubscription status of 126.4%.

 

In accordance with TDBM’s strategy to expand its presence in Small & Medium Business (SMB) and retail markets, net proceeds from Bank’s offerings are expected to be allocated towards following business segments.

  1. Corporate segment: 50.0%

  2. SMB segment: 20.0%

  3. Retail segment: 30%                                                                                                                                                                                                           Please click here for the detailed report.