Нэмэгдсэн: 2016-12-09 16:15:00

Mr. Bayarsaikhan, Vice Chairman of FRC, has received International Advisors of Asian Development Bank, Mr. Pierre Seguin and Mr. Gerhald Wienberg. During the meeting, participants have discussed on the “Supporting Financial Sector Development and Stability” technical assistance project in the field of Savings and Credit Cooperatives.

Mr. Gerhald Wienberg will work on the establishment of stabilization fund and depository insurance fund of the SCC in Mongolia. He noted that “necessary to develop current legislations and rules of the market. The Management of those funds is at the National Association of Savings and Credit Cooperatives, and has lack of human resource capacity. Therefore, the final decisions of funds should make by FRC, and the Association cannot run the fund activities independently”.

Mr. Pierre Seguin is working on the risk-based supervision of SCC, and preparing work plan.