On 27 August 2014, Golomt Bank obtained the Custody Operation license from Financial Regulatory Commission, today Golomt Bank announced the successful go-live of its Custody service on 24 September 2015. In past years, Mongolian Stock Exchange, Financial Regulatory Commission, Securities Clearing House and Central Depository have been working with Golomt Bank to determine the principles of market, to establish a fully equipped environment for custodian, and to work with Nomura Research Institute (NRI) to introduced custodian service into Mongolian capital market.  
Custodian banking service provides services including safekeeping the investors’ cash assets, intangible (shares & bonds) securities, reporting and bookkeeping of investments, collect the interest, dividends, principal repayment and other income.
By introducing custodian bank service in Mongolia, to bring sophisticated international investors to the local market, to increase foreign currency flow towards to domestic market and to improve the transparency of capital market.  

 

Marketing and Public Relations Department
MONGOLIAN STOCK EXCHANGE