On Sep 16th 2014, Angar.D the acting CEO of Mongolian Stock Exchange met with Mr.Matthieu Le Blan, head of Ulaanbaatar office of European Bank for Reconstruction and Development and handed over the Mongolian official letter to develop Mongolian capital market. 

In 2013 Ministry of Finance and Bank of Mongolia have signed a Memorandum of Understanding with this bank which includes 64 member countries to launch “Increase lending in local currency” program and it includes this bank’s roles to develop capital market. 

Therefore Ch.Ulaan, the governor of EBRD bank’s Mongolian side raised an official proposal to launch the program efficiently and handed over an official letter to Suma Chakrabarti, the president of EBRD.