XacBank successfully executed the Bank of Mongolia’s recent order addressed to all commercial banks in Mongolia to bring the capital adequacy ratio to 12 percent minimum. The measure will guarantee a secure environment for deposit holders and adequate level of growth for the bank.

Mongolia's Prime Minister S.Bayar is paying an official visit to the Republic of Korea October 15-17 at the invitation of Hang Seung-Soo, the Premier of the Republic of Korea.
Mongolian Premier held official negotiations with his Korean counterpart Hang Seung-Soo. The two dignitaries unanimously noted that successful development of bilateral cooperation in all levels--since the establishment of the diplomatic relations in 1990, also regularization of mutual high level visits and a progress are made in the economic and inter-people collaboration.

Prime Minister S.Bayar paid an official visit to the Republic of Korea at the invitation of his counterpart Han Seung-soo on October 15-17, 2008.

Prime Minister S.Bayar paid an official visit to the Republic of Korea at the invitation of his counterpart Han Seung-soo on October 15-17, 2008.

The 5th Northeast Asian tourism forum has been held in Ulaanbaatar. It is co-hosted by the Ministry of Environment and Tourism, the working service of Ulaanbaatar City Mayor, the Mongolian Tourism Association, the Mongolian Tourism Support Center, and the "Gazarchin" Institute.