The Banker invites CEOs from around the world to discuss the economic climate in their country and institution, and their hopes for the future

Khan Bank of Mongolia, J. Peter Morrow, CEO

1. What makes your country attractive to investors?

Mongolia is the only true democracy in central Asia. It is a young country committed to free markets with a wealth of mineral and natural resources.

 2. What are the economic prospects for your country over the next three to five years?

The country is growing very rapidly from a small base. GDP growth last year of 11% was the fastest in Asia. Prospects are for more of the same.

 3. How do you foresee the financial sector in your country changing?

Banking is growing rapidly from a small base. We are leagfrogging old technologies and the sector will consolidate around a few strong players.

 4. What role will your bank play in your country’s future development?

As the only bank with countrywide branches used by 62% of Mongolian households, Khan Bank of Mongolia will continue to bring all banking services to small businesses and households, while serving as the main payment channel for businesses and non-governmental organisations (NGOs) operating in the country.


All fields are mandatory

The Banker is a service from the Financial Times. The Financial Times Ltd takes your privacy seriously.

Choose how you want us to contact you.

Invites and Offers from The Banker

Receive exclusive personalised event invitations, carefully curated offers and promotions from The Banker

For more information about how we use your data, please refer to our privacy and cookie policies.

Terms and conditions

Top 1000 2023

Request a demonstration to The Banker Database

Join our community

The Banker on Twitter