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Bank of Mongolia and Deutsche Bundesbank jointly organise banking supervision training workshop

2026-11-04 15:40 | News

As part of the Memorandum of Understanding (MoU) on cooperation signed between the Bank of Mongolia and the Deutsche Bundesbank on October 21, 2026, the two central banks jointly organised a training workshop on “The Supervisory Review and Evaluation Process (SREP)” from October 27 to 29, 2026.  

The training was led by the experts in charge of Supervisory Review and Evaluation Process (SREP) and Joint Supervisory Teams at Deutsche Bundesbank. Participants included supervisors from the Bank of Mongolia’s Banking Supervision Department.

The training covered wide ranging topics inclusing bank risk management, supervisory assessment methodologies, business model assessment, and emerging risks and challenges in the banking sector. Participants also exchanged viewpoints and expertise on risk-based supervision, drawing on international best practices and practical case studies.

During the training, Governor of the Bank of Mongolia, S. Narantsogt, met with the Deutsche Bundesbank experts and expressed his appreciation for their contribution to enhancing the knowledge and professional skills of the Bank of Mongolia’s supervisors. He also highlighted the importance of further expanding cooperation between the two central banks and maintaining the ongoing exchange of knowledge and capacity building in the areas of banking supervision.

The training workshop marks an important step toward strengthening the Bank of Mongolia’s supervisory capacity, refining risk-based supervisory methodologies, and adopting international best practices.

Going forward, the Bank of Mongolia will continue its cooperation with Deutsche Bundesbank under the MoU, focusing on strengthening professional capacity of supervisory staff and developing the banking supervision framework in line with international standards.