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49348.39

( -209.58 -0.42% )
Index Unit Change
Top 20 Index 49348.39 -209.58
MSE A Index 19339.53 9.07
MSE B Index 14776.39 83.16

News

PRIMARY MARKET TRADING OF GOVERNMENT SECURITIES WILL BEGIN ON APRIL 16, 2025

2025-04-02 17:45:55

The open trading of government securities is resuming after an eight-year hiatus since its suspension in October 2017. This move is designed to promote the development of the domestic capital market, provide investors with a low-risk and highly liquid financial instrument, and set a market-based benchmark interest rate.

APRIL 2, TRADING REPORT

2025-04-02 16:12:17

Total trade: MNT 12,690,874,446 (USD 3,634,666.55)

APPROVAL OF THE REVISED "MEMBERSHIP RULES"

2025-04-02 15:04:34

The revised version of the "Membership Rules," approved by Resolution No. 14 of the Board of Directors of the "Mongolian Stock Exchange" JSC on March 11, 2025,

News

"ARD CREDIT NBFI" JSC PRESENTED ITS OPERATIONAL AND FINANCIAL REPORT FOR THE FIRST HALF OF 2024

2024-08-20 17:33:31

"Ard Credit NBFI" JSC, registered in the 1st classification of “Mongolian Stock Exchange” JSC presented operational and financial results for the first half of 2024.  

Ard Credit NBFI JSC summarized its financial and operational results for the first half of 2024 and presented them to the public. The following main results were achieved during the reporting period.

Highlights of the First Half of 2024:

Follow-on Public Offer (FPO):

In the first half of the year, Ard Credit NBFI JSC offered 30% of its shares, or 84,000,000 shares, to the public at MNT 106 per unit, successfully raising MNT 8.9 billion from 1,578 investors, who placed orders totaling MNT 9.1 billion. As a result, the company has expanded its capacity to attract financing by increasing its equity.

Products and Services:

  • For our loyal customers who actively use the Ard App, the terms of consumer online loans have been updated, with the loan interest rate and fees reduced.

  • Car loan requests are now processed through the Ard App.

  • Digital money approval was obtained from the Bank of Mongolia.

Financial Results:

In the first half of 2024, Ard Credit NBFI JSC increased its total assets by 16 percent to MNT 83.7 billion and grew its loan portfolio by 10 percent to MNT 54.5 billion. During the reporting period, it earned MNT 9.3 billion in interest and commission income and achieved a net profit of MNT 1.6 billion. This represents a 56 percent increase in net profit compared to the same period last year. 

Please click here for a detailed report.

Please click here to watch the live stream.

MONGOLIAN STOCK EXCHANGE