The Mongolian Stock Exchange (MSE) organizes a bell-ringing ceremony every year to commemorate International Women’s Rights Day, calling on the public to promote gender equality.

The ceremony was attended by B. Dulgoon, Acting CEO of the Mongolian Stock Exchange, Matthew Le Blanc, Resident Representative of the International Finance Corporation (IFC) in Mongolia, Matilda Dimovska, Resident Representative of the United Nations Development Programme (UNDP) in Mongolia, B. Saruul, Commissioner of the Financial Regulatory Commission, and E. Enkhtsetseg, CEO of Bloomberg TV Mongolia.

Opening the event, B. Dulgoon, Acting CEO of the Mongolian Stock Exchange, stated in his speech:

“In 2011, Mongolia passed the Law on Gender Equality, which clearly outlines the principle of gender equality, ensuring that both men and women have equal rights in political, economic, social, cultural, family, and other relations, with the opportunity to equally benefit from development results and social wealth.

In 2025, Mongolia aims to highlight and raise awareness about the importance of gender equality in the finance and business sectors. While countries worldwide have made progress in enacting laws to provide women with equal opportunities, gender disparities remain significant, affecting 3.9 billion women globally, who continue to face legal barriers to economic participation.

Promoting gender equality means advancing women to leadership roles, ensuring their representation and participation in all business sectors, and contributing to a fairer society. We are proud that, of the six members on the Board of Directors of the Mongolian Stock Exchange, three are women, showcasing our commitment to gender balance and increasing women's participation in decision-making processes in line with international trends.

We also call on the participants in the securities market, registered joint-stock companies, and member organizations to continue promoting gender equality,” he added.

Matthieu Le Blan, IFC’s Resident Representative for Mongolia, noted:

“Small and medium-sized enterprises are the backbone of Mongolia’s economy, with women leading two-thirds of these businesses. However, many struggle to access financing, representing missed market opportunities. At IFC, we are committed to continuing our efforts with both the public and private sectors to ensure women entrepreneurs have equal access to capital, resources, and markets, thereby boosting a more inclusive and prosperous economy.”

Matilda Dimovska, Resident Representative of the UNDP in Mongolia, highlighted three critical aspects of gender equality:

“Firstly, increasing and empowering women’s economic participation is essential for anyone to enjoy equal rights in society. Secondly, we need to address the traditional norms and societal expectations that prevent women from occupying positions of power. Finally, there is the issue of unpaid work, such as caregiving, which is mostly done by women and often undervalued. It’s crucial to recognize and evaluate this work, acknowledging it as labor.”

B. Saruul, a commissioner of the Financial Regulatory Commission, stressed the importance of gender equality in the financial sector:

“For women in the financial industry, gender equality is vital. We must significantly increase women’s employment in this field. Currently, while 68% of men are employed, only 53% of women are, which is a concerning gap. There is a need for the participants in the securities market and Mongolia’s top 100 companies to work actively with the Financial Regulatory Commission and the Mongolian Stock Exchange to support gender equality and improve transparency.”

E. Enkhtsetseg, CEO of Bloomberg TV Mongolia, expressed gratitude for being part of the event:

“I would like to thank you for inviting me to this important event. Today, as we discuss women’s rights and equality, it is also important to address gender equality as a whole. Women of all ages face significant financial burdens. Therefore, I encourage men to participate more actively in gender equality and social responsibility. Additionally, it’s worth noting that following the COVID-19 pandemic, financial institutions, especially banks in Mongolia, have introduced products and services for women entrepreneurs, including loans and financial support. This has had a significant positive impact on the growth of women’s businesses, financial independence, and their ability to expand and reach international markets.”

On this day, stock exchanges in over 70 countries around the world, including Mongolia, supported the concept of gender equality with a bell-ringing ceremony. The Mongolian Stock Exchange marked the start of its 7,416th trading session with this symbolic gesture.

MONGOLIAN STOCK EXCHANGE