The Bank of Mongolia has signed a Memorandum of Understanding (MoU) with the National Bank of Kazakhstan

As part of the state visit of the President of Mongolia, Ukhnaagiin Khürelsükh, to the Republic of Kazakhstan from April 20 to 23, 2026, the Bank of Mongolia and the National Bank of the Republic of Kazakhstan signed a MoU on cooperation.

The MoU establishes a long-term foundation for strengthening collaboration between the two central banks, including the exchange of information and sharing of experience related to monetary policy, financial stability, and the development of banking and financial markets.

Within the framework of this cooperation, the parties will engage in high-level consultations, exchange of experts, capacity-building and training programs, as well as joint research on mutually agreed topics.

This memorandum is significant in deepening mutual trust between the banking and financial sectors of Mongolia and Kazakhstan, while also contributing to the expansion of regional financial cooperation.

The Bank of Mongolia will continue to actively expand its cooperation with international and regional central banks and consistently implement measures aimed at strengthening financial stability.

The central banks of Mongolia and Kazakhstan have maintained continuous cooperation since 1992 under the Agreement between the National Bank of the Republic of Kazakhstan and the Bank of Mongolia on Procedures for Settlements and Account Management for Trade and Economic Transactions between the Republic of Kazakhstan and Mongolia. This MoU markas a new stage in elevating bilateral cooperation.