In accordance with the provisions stated in Article 36.3, 36.11, and 36.12 of the Banking Law, Article 49, Article 76, Section 76.1.7 of the Company Law, as well as other applicable laws, rules, and regulations, the Board of Directors of "Bogd Bank" JSC has decided to repurchase its shares during an extraordinary meeting held on February 2, 2024.

The bank announced it will repurchase 62,500,000 shares at 85 MNT each, worth 5,312,500,000 MNT, not exceeding 5 percent of the total issued shares.

Click here for the Board of Directors resolution.

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