In an exclusive interview, L. Badamtsetseg, CEO of Savings Bank, discusses the meteoric rise of Mongolia’s economy, enhancing its banking systems, and leading the country’s banking technology.

Date: May 23, 2012
Author: Baron Laudermilk
Categories: Core Banking, Mobile Banking, Regulation, Retail Banking, Risk and Regulation, Technology & Operations
Keywords: Savings Bank, L. Badamtsetseg, Electronic Banking, Mongolia, Risk Culture, China, Mortgages, Deposits, Human Development Fund, Risk Management Committees

Using the Mongolian government’s Human Development Fund to acquire mortgages, credit cards, and deposits, Savings Bank chief executive officer L. Badamtsetseg, has funnelled the revenue generated from such activities into developing the bank’s technology and its staff. Mongolia’s economy mete...