Mongolia marks World Savings Day
Mongolia marks World Savings Day
The Bank of Mongolia, the Deposit Insurance Corporation of Mongolia, the Mongolian Bankers Association, the German Savings Banks Finance Group (Sparkassen Finanzgruppe), and commercial banks jointly marked World Savings Day on October 31 in Ulaanbaatar under the motto ‘Easy to save up’. At the event, banks introduced their products and services for children, offered the people a service of opening savings accounts, and gave presentations on the importance of savings, benefits, and international experience. This year, the events for World Savings Day were successfully organized not only in Ulaanbaatar but also in provinces. For instance, a general event for the day was held on October 20 in Darkhan-Uul province, on October 22 in Orkhon province, and on October 27 in Sukhbaatar province, conducting activities to give knowledge on financial literacy and savings and promote saving habits.
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