The American Express International has chosen the Golomt Bank as its official partner in Mongolia.
The cooperation between the two organizations opens up an opportunity to holders of American Express cards to enjoy services of the Golomt Bank.

Mongolia, which is believed to have one-fifth of the world’s uranium deposits, has recently seen a number of officials representing both countries and private businesses visiting the country.

Moody's Investors Service has changed to negative from stable the outlook of Khan Bank’s D bank financial strength rating (BFSR), Baa3/Prime-3 long-term/short-term local currency deposit ratings, Baa3 local currency issuer ratings and Baa3/Ba1 local currency senior/subordinated debt ratings on its proposed Global Medium-Term Notes Program (MTN Program).

Moody's Investors Service has placed the following ratings of XacBank in Mongolia on review for possible downgrade: its D bank financial strength rating (BFSR), Ba1 long-term local currency deposit ratings, and Ba1 local currency issuer ratings.

Representatives of the Import and Export Trade Committee of the Chinese Jiangsu province and other businessmen arrived December 4 in Mongolia at invitation of Mongolia's National Chamber of Commerce and Industry (MNCCI).