On August 7, 2023, B. Lkhagvadorj, the executive director of BDSec JSC, registered in the first category of "Mongolian Stock Exchange" JSC, presented the activity report and financial results for the first half of 2023.
During the reporting period:
In the first half of 2023, the total assets reached 45.1 billion MNT, a 93% increase from the first half of 2022.
The total revenue increased 3.6 times from the same period last year to 5.6 billion MNT, and the net profit was 466.8 million MNT during the reporting period.
Highlights of the broker and underwriting activities of “BDSec” JSC:
- In terms of securities trading, a total of 334.5 billion MNT was completed in the first half of 2023, which alone accounted for 32.6% of the total trading volume of the MSE.
- "KHAN Bank", the largest commercial bank with influence in the banking system of Mongolia, successfully organized the primary market trading and collected 183.4 billion MNT from public.
- The permission to issue securities for public offering of "National Reinsurance" JSC, which is the only insurance company operating reinsurance in Mongolia, was obtained.
- Since 1991, the closed bonds of "Munkhiin Useg" LLC, a large publishing company in Mongolia, which has been operating continuously for more than 30 years, have been issued on the nonexchange market and successfully collected 3 billion MNT.
- Mongolia's largest commercial bank, Khan Bank JSC, has received permission to issue Mongolia's first green bond in the amount of USD 30 million.
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MONGOLIAN STOCK EXCHANGE