"Bogd Bank" JSC publicly offered 20% of its total shares, or 12,500,000 shares, with a price of MNT 2,540 and raised MNT 31.75 billion in December 2021.

"BOGD BANK" JSC planned to implement the goals of the mid-term business plan by expanding the bank's operations and increasing profitability. Regarding the prospectus of the securities, the raised capital is planned to be spent as follows:

1. Technology investment: MNT 12.7 billion or 40%

2. Product services and development: MNT 9.5 billion or 30%

3. Sales development and improvement MNT 9.5 billion or 30%

Disbursement on raised capital as of June 30, 2023: 

• Technology investment: MNT 2.3 billion, or 17.91%

• Product services and progression: MNT 9.5 billion, or 100%

• Sales development and progression: MNT 3.8 billion, or 49.1%

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