| Anod Fires 30 Probationary Staff |
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Anod Bank has fired 30 probationary employees in a bid to save money. The Mongolbank representative at the bank, S. Nasanjargal, has stated that combining some of the branches is also being discussed.
Asked about loan recovery, he said, “Some small loans have been
cleared, but the progress is slower than we hoped for. Most of the
creditors are unable to pay because of the financial crisis.”
Source: en.news.mn
Feb 10, 2009
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