by

About Us

Introduction

Ard Financial Group, founded in 2005, is a diversified financial services holding company.

We have an overarching goal of maximizing shareholders’ equity and building the Investor Nation through investing in and developing leading companies and projects.

Our investment portfolio consists of 44 companies that operate in banking, insurance, capital markets, technology, infrastructure, blockchain, and media. Eight companies are publicly traded.


Mission

To build the Investor Nation.

Vision

Pioneering fintech group driving creative disruption on a global scale.


History

In 2000, the United Nations Development Program and the US non-governmental organization Mercy Corps made a decision to donate MNT600 million to the employee investment trust fund of XacBank.

XacBank employees exchanged their shares for the shares of XAC-GE, a parent company of XacBank, to unify their voice in the management of the Company.

XAC-GE was then renamed to TenGer Financial Group and expanded into a group of companies providing financial services.

XacBank’s founder established Ard Financial Group, which started as “Employee Investment Trust” or EIT in September of 2005. It became the foundation of the first institutional investor in Mongolia.

EIT started with MNT1.2 million in equity and 10 shareholders in October of 2005. By the end of 2020, the Company had MNT80 billion in assets and over 12,000 shareholders. In 2013, our shareholders formulated a new strategy and made a historic decision to rebrand as Ard Financial Group. Following the new vision, we started investing in Ard Credit, Ard Insurance, Ard Securities, Ard Life and Ard Assets.

In 2015, Ard Financial Group was transformed into a closed joint-stock company based on the original belief that people should benefit from the wealth they create and should be the owners of the banks

In 2016, Ard Financial Group successfully participated in the privatization of Mongol Post and became the major investor. In 2017, Ard Management, an investment fund management company, and Ard Bit, a blockchain and cryptocurrency company, were added to our strategic investment portfolio. In 2018, TenGer Systems began to reform its operations into blockchain technology. Ard Properties, Ard Realty, Ard Leasing and Ard Holdings International were established and became part of the Group in 2019.

At the end of 2017, Investor Nation merged with Jinst-Uvs JSC and started trading on the MSE. On August 8, 2019, Ard Financial Group became a public joint-stock company through RTO. In 2020, we launched Mongolia’s first closed-end mutual fund, the National Privatization Fund, and the Digital Assets Exchange or DAX.

2005
  • December 21 – 10,000 shares valued at MNT10,000,000 was issued from the Employee Investment Fund.  
  • October 25 – The inaugural meeting of the Board of Directors was held with Delgerjargal B., Batbold A., Tuul B., Tsogbadrah G., and Enhsaihan N. as members, B.Delgerjargal was named as chairman of the Board.
  • A new policy for granting shares to employees was approved.
  • January 6 – Amarbayasgalan D. was named CEO.
  • By the end of 2006, the company had issued 477,857 shares to 242 shareholders.
  • February 21 –  Introduced pension fund services and effectively managed pension funds of XacBank and TenGer Financial Group employees, this was the first service of its kind in Mongolia.  
  • May 1 – Soronzonbold L. was named CEO.
  • June 13 – By decision of the Board, a company aimed at IT solutions, software development, education and services under the name TenGer Systems was established with 100 percent funding
  • August 30 – Ganbat B. was named CEO.
  • September 26  – The company bought a stake in the Institute of Engineering and Technology, holding 28 percent of the institute.  
  • October 19 – Stroke a partnership with BSP LLC, a construction company.
  • December 18 – Acquired 50 percent of “Prime General Insurance” LLC, started a partnership with Petrovis LLC.
  • December 25 – Bought 500 square meters of land in Dornod aimag for the purposes of commercial use.
  • By December 31 the company owned 12 percent of XAC-GE LLC, 35 percent of Grassroots LLC, 50 percent of  AgZam Xact LLC, 28 percent of IET, and 100 percent of TenGer Systems.
  • January 6 – Participated as the main sponsor for School Number 11 in the annual football competition, organized by XacBank since 2006, “Duilaan 2020.” .
  • July 9 – Successfully held a regular shareholders meeting, where 35 shareholders in total had a 52 percent ownership stake in the company reviewed and approved the company’s operational and financial reports.
  • July 24 – EIT LLC decided to create a new entity EIT Capital Management (ECM) to hold TenGer Financial Group shares. The new company aims to attract foreign investors and raise funds to acquire more ownership at TenGer Financial Group.
  • July 24 – Established ECM LLC and increased the value of EIT LLC.
  • December 19 – the Board approved the company’s investment and funding management policy.
  • March 11 – Ganhuyag Ch., Batbold A., and Tur-Od L. were appointed as Board members.
  • March 11 – Daurenbik S., Munhsaihan J., Zul G., and Ouyngerel B. were appointed as Supervisory Board members.
  • April 17 – an Internal audit division was established under the Board, with Tur-Od L. as head of the division and Daurenbik S., Erdenebayar G. as members.
  • October 26 – Acquired Monet Capital LLC, a broker, dealer, underwriter and investment banking company.
  • May 27 – With 100 percent funding from EIT LLC, a company focusing on pension fund services called MNTD was established and all pension accounts were transferred to this new fund.  
  • March 17 – Sold its ownership of Prime General Insurance LLC to TFG.
  • July 5 – With 100 percent funding from EIT LLC established a new subsidiary, Arvai Capital LLC. The new entity aims to provide investment consulting, stock market information, financial education and business consulting services.
  • July 30 – Bought 170,44 square meters of office space at Citi Center, located in the 8th horoo of Suhbaatar district.
  • December 1 – Acquired an additional 12 percent ownership at IET, making the total ownership 40 percent.
  • January 24 – Acquired shares in EIT Capital Management LLC from the Blue Orchard Equity Fund.
  • The company was constantly increasing its ownership at TFG through ECM LLC, and on March 30 we bought ECM shares from Ronoc.
  • March 1 – At its plenary meeting, the Board made a decision to acquire shares of Namsrai Assets LLC.
  • March 30 – Brought in MAK, Monnis, and MCS Holding LLC as investors in ECM LLC.
  • April 20 – Acquired an additional 10 percent ownership at IET, bringing the total ownership to 50 percent.
  • September 16 – Batbold A. was appointed as CEO by the decision of the Board.
  • December 25 – Exchanged shares of EIT LLC for Monet Capital LLC, thus gained 100 ownership of Monet Capital LLC.
  • December 26 – Per the decision of the plenary Board meeting acquired 20 percent of Nomyn Hishig LLC.
  • April 28 – Added one of the largest companies in Mongolia, MAK LLC as a strategic investor.
  • June 29 – MCS Holding LLC joined as an investor.
  • September 7 – Per the decision of the plenary Board meeting Sergelen M. was removed from the office of Chairman and Ganhuyag Ch. stepped in as the new chairman.
  • December 6 – Luna and Luna LLC became an investor.
  • December 17 – UBIG LLC and Ronoc Limited exchanged their shares at Monet Capital LLC for EIT LLC  shares and became two of our largest investors.
  • December 26 – After a shift in strategy, the company decided to sell 50 percent of its holdings at Namsrai Assets SCC and I Concept LLC back to their respective managements, and the relevant negotiations were finalized.  
  • April 23 – Gained control over Trasco SCC and steadied its operations.
  • April 10 – Oyungerel J. joined as a member of the Board.
  • June 30 – Shares of MAK LLC and Ronoc Limited at ECM were separated and directly offered shares of TenGer FInancial group instead.
  • July 16 – TenGer Systems LLC received licensing for Right Banker banking administration software. and started to work on introducing savings and credit cooperative services in rural areas, and expand the company’s operations.
  • August 1 – Per the Board meeting decided to sell the EIT Capital Management shares owned by MTND LLC to Mongolian Financial Services LLC.
  • October 4 – Gereltuya S. was named as a member of the Board.
  • October 24 – Sold 27,57 percent of ECM LLC or 1,214,357 shares tp Mongolian Financial Services LLC.
  • October 31 – Transferred a total of MNT3.5 billion in TFG’s 2000 employees’ pension funds back to TFG from MTND LLC’s accumulated Pension fund.
  • October 31  – Apollo Ventures LLC joins as an influential investor.
  • December 19 – Reached a decision to dissolve EIT Capital Management LLC.
  • December 26 – During the shareholders meeting, the company’s resolution to purchase 33.0 ownership at Ard Insurance LLC and 50 percent ownership at Ard Credit LLC and change its legal name to Ard Financial Group was approved.
  • December 27 –  EIT changed its strategy and branding, becoming Ard Financial Group, and invested in Ard Insurance and Ard Credit.
  • January 8 – The Board chose BDO Audit LLC as the company’s main auditor.
  • January 9 – Signed a partnership with Wild Digital LLC: IT, marketing and advertising responsibilities were handed to this company.
  • February 10 – Trasco SCC changed its legal name to Ard Assets SCC, EIT LLC joined as a member of the cooperative. 
  • March 31 –  An investment committee, Rewards, bonus, governance and election committee, Risk and finance committee and Internal audit committee were established under the Board.
  • April 5 –  Sponsored athlete Mr. Lhagvadorj won a bronze medal in the Ulaanbaatar City Bodybuilding competition in the 65-kilogram weight division.
  • April 11 – Sponsored athlete Mr.  Sodnompeljee E. successfully participated in the World Powerlifting Championship held in Dubai and earned a spot to compete in the 2016 Olympics.
  • April 28 – A representative of Inter Group Batbayar P., a representative for MAK LLC Telmen T. and a representative for UBIG LLC Javzmaa L. joined as Board members.
  • April 28 – Organized shareholders meeting, where the company reviewed its 2013 operations and approved the 2013 financial report.
  • January 14 – Plenary Board meeting of Ard Financial Group was held.
  • January 27 – The Financial Regulatory Committee approves a legal name change from Monet Capital LLC to Ard Securities, a subsidiary of Ard Financial Group.
  • January 31 – Ard Financial Group employees worked at Batsumber soum in Tuv aimag,
  • January – Supported Mongolian para powerlifting athlete Mr. Sodnompeljee to compete in the Asian championship held in Incheon, South Korea.
  • February – Ard Financial Group moved its headquarters to a new location.
  • March 23 – Acquired Jinst-Uvs, a listed company at MSE, for reverse-takeover.
  • February 27 –  Assisted to get rights to air “Spirit of the Wolf,” a feature-length film starring Mongolian actor Anhnyam R. Sponsored the opening in Mongolia.
  • April 2-3 – Worked as a sponsor for the 5th Mongolian Economic Forum.
  • May 1 – Held shareholders meeting for Ard Financial Group.
  • May – Ulaanbaatar city Trade was established, CEO Ganhuyag was named as a Board member.
  • May – Sponsored Porsche World Roadshow in Mongolia event in cooperation with Ard Insurance LLC.
  • May – Ard employees participated in  “Duulian 2015” amateur football championship.
  • June – Founder and chairman of Advek fund from Switzerland, Mr. Bruno Raschle has become an investor in Ard Financial Group.
  • June 10 – Our employees participated in the “Friendly UB” public marathon.
  • June – Gifted Children’s day presents to the students of school 29.
  • July – Sponsored “BCM 2015” football competition.
  • July 9  – Sponsored “Husugtun” bands show at Choijin Temple Museum.
  • August 11 – Shareholder Bruno Raschle has been named to the BoD of Ard Financial Group.
  • August 18 – Supported Javzmaa O. to participate in the 2015 Judo World Championship.
  • September 2-5 – CEO Ganhuyag participated in the “G1 Summit” held in Japan, as a panelist.
  • September 10 –  Opened a coworking space called “Ard Business Center” at Ard Holdings headquarters to provide workspace and management support for start-ups
  • October 2-5 – Held Western Region Microfinance Forum in Bayan-Ulgii aimag in conjunction with ARMD.
  • October 10 – Ard Financial Group joined “MNT1000” charity campaign  
  • October 23 – CEO of Ard Financial Group, Mr. Ganhuyag gifted a Mongolian ger to the students of “Russian-Mongolian joint school number 3,” and facilitated a discussion about dignity.
  • November 7 – 15 members of Ard Financial Group’s management team participated in a course on corporate governance and received certificates.  
  • November 11 – CEO of Oyu Tolgoi JSC Andrew Woodley visited IET, a school with investment from Ard Financial Group.
  • November 23 – Ard Financial Group becomes a closed joint stock company.
  • November 30 – Held plenary Board meeting, handed out certificates to shareholders.
  • December 3 –  Signed a cooperation agreement with the Mongolian Central Securities Depository.
  • December 6 – Organized an event to showcase Ard Financial Group’s products and services at Tengis movie theatre. All subsidiary companies participated.
  • December 10 – Helped Mongolian Para-Ski team athlete Ganbold B. in his preparation for the World Paralympics and supported his participation.
  • December 19 – Sponsored famous Buriad actor Ariunbaatar G.’s concert.  
  • January – USD 6.2 million for 4.26 percent of TenGer Financial Group arrived on our accounts. The prevailing exchange rate at the time was MNT1,995 per USD. Ard Holdings took part in the privatization of Mongol Post, where the company acquired 17.38 percent of the company for MNT3.3 billion on the Mongolian Stock Exchange. At the time of the privatization, the share price was MNT185, however, at the beginning of December, the share price reached MNT340. Investor Nation LLC was established on January 9th, 2019 by the initiative of 560 people. Furthermore, this was the first company to use crowdfunding In Mongolia, the purpose of the company was to establish a publicly owned bank through crowdfunding.   
  • February – Ard Management was licensed to conduct fund management activities. 
  • May – Ard Holdings acquired an additional 30 percent of Ard Insurance from minority shareholders, bringing its holding in the insurance company to 85 percent, of which 2 percent is owned by Investor Nation.  
  • June – Ard Financial group acquired Altan Horomsog securities company, listed on the MSE, continuously operating for 25 years since 1991, and one the first securities companies in Mongolia. 
  • September – Ard Holdings acquired an additional 13.01 percent of Mongol Post from Bathishig H. in a combination of cash and stock deals. At the end of the year, our combined ownership is 31 percent of Mongol Post. Mr. Bathishig became the single largest shareholder of Ard Holdings as a result of this transaction, with 11.99 percent ownership.
  • December – Mr. Bruno Raschle invested an additional MNT1.5 billion in the Company. Ard Financial Group held its BoD meeting on December 3rd, at which a decision to issue MNT2 billion in bonds was reached. We managed to bring the number of our shareholders to 3,000 by year-end, a tenfold increase, which makes one in 1,000 Mongolians Ard shareholderв.  Ard Holdings injected MNT1 billion into Ard Credit and, at the same time, acquired 12.7 percent from a minority shareholder, bringing its stake in the lender to 80.7 percent. Ard Holdings spans out pension services from Ard Assets to stand-alone pension services provider Ard Life, formerly MTND
  • Ard Holdings sold its 50 percent shareholding at the Institute of Engineering and Technology for MNT9.8 billion. The deal involves shares and real estate swaps combined with long-term financing facilities
  • Ard Holdings sponsored a landmark USD600,000 bond issuance by Hunnu Air underwritten and arranged by Ard Securities.
  • TenGer Systems became the official agent in Mongolia, of the British addressing company What3Words.
  • January 5 – Ard Credit NBFI became the first NBFI in Mongolia to issue credit cards.  
  • January 9 –  Investor Nation JSC reaches 1 year anniversary.
  • January 1 –   Ard Academy started holding weekly ‘Investment courses.’
  • February –  Ard Holdings delivers its annual report and information about its stock to all its shareholders via Mongol Post.
  • February 9 –  Ard Holdings injected MNT1.5 billion in Ard Securities to enable it to maintain its brokerage, underwriting and dealer licenses on top of its investment banking services.
  • February Ard Holdings placed a bond worth MNT2 billion and successfully sold it in a closed capacity.
  • February 13 –  Ard Holdings hosts a press conference on the issues surrounding Erdenes Tavan Tolgoi.
  • March 31 – As part of its social responsibility initiative, Ard Holdings became the sponsor of the Etugen Panthers, the top team in the Mongolian Basketball Association’s Nissan League.
  • April 21 – Ard Academy published the “My First Investment” book.
  • April 22 – Successfully hosted the largest event of the year – Investor Nation Forum, with the participation of the Government, the general public, and the business community.
  • April 23 – Ard Financial Group successfully hosted its Annual Shareholders Meeting. During the meeting, Oyungerel J, Ganhuyag Ch, Bathishig H, Bruno Raschle, Anthony Hobrow, Ariuntugs Ts, Batbayar P, Soronzonbold L, Odbayar O, were re-elected as regular and independent members, CEO of Mongol TV Nomin Ch, and CEO of Monpolymet Group Munhnasan N, were newly joined as board members.  
  • May 2 – Mr. Tsogbadrakh was named as Chief Executive Officer of Ard Insurance.
  • May 11 – To increase its current assets and loan portfolio, Ard Credit NBFI issued a two-year bond valued at MNT2 billion.
  • May 13 – Opened the first full-service branch in Shangri-La Mall.
  • August – Mr. Batbayar was named as Chairman of the Board..
  • August 8 – The Board approved MAK LLC’s decision to sell its 6 percent ownership at Ard Holdings for MNT2.1 billion.
  • August 11 – During the plenary Board meeting the IPO of Ard Credit NBFI was discussed and finalized, permission to launch an IPO was granted.
  • August 15 – The Mongolian Stock Exchange reviewed and approved the merger between Jinst Uvs public JSC and Investor Nation SC.
  • September 14 – Ard Financial Group issued a two-year bond worth USD1 million.
  • September 18 –  Announced a Bitcoin and cryptocurrency lottery campaign among shareholders.
  • September 10 – Ard Insurance’s total assets reached MNT10 billion.
  • October 2 – Founded Ard Bit, a company focused on cryptocurrency,  and in cooperation with Xapo.com started Bitcoin trading.  
  • October 18 – Ard Securities Brokerage Firm successfully raised MNT350 million for NAP LLC, an urban planning and construction company.
  • October 20 – The total assets of Ard Assets SCC reached MNT1 billion.
  • October 25 – Worked as the main sponsor for the poet-writer Mr. Gurbazar’s play.
  • November 1 – Ard Academy published a book on cryptocurrency, bitcoin, and blockchain technology called ‘Digital Gold’.
  • November 15 – Ard Credit’s total equity reaches MNT10 billion.
  • November 24 –Investor Nation LLC was recognized as a publicly traded company upon the Merger with Jinst Uvs JSC; this was the first successful reverse takeover in Mongolia. The 2017 closing stock price stood at MNT1.858.
  • November 24 – Ard Financial Group with the permission of the FRC bought an additional 10,27 percent ownership in Ard Insurance LLC.
  • November 27 – Ard Financial Group appointed Mr. Tenuun as Chief Digital Officer.
  • November 30 – During the plenary Board meeting the IPO of Ard Insurance on the MSE was approved by Ard Holdings. 
  • November 30 – During the plenary Board meeting the decision to re-invest in IET, for approximately 12 percent ownership. was reached.
  • November 30 – Ard Financial Group reached a decision to make MNT100 million investment in Ard Bit LLC.
  • December 1 and 2 – Investor Nation Forum was successfully held for the second year, under the name CryptoNation, over 1200 people participated in the event which was held at the Ministry of Foreign Affairs Building as well as Corporate Convention Center..
  • December 2 – Ard Holdings signed a strategic cooperation agreement with the leading banking and financial systems software provider Grapecity and Most Money.
  • December – Ard Securities Brokerage FIrm worked as the sponsor of ‘Nogoon sum,’ a reality show about the stock market, which aired on the MNB network.
  • December 9 – Established Crypto Nation, a company aimed at creating Mongolia’s first cryptocurrency fund.
  • December 15 – Investor Nation and Jinst Uvs JSC shares were traded on the Mongolian Stock Exchange for the first time.
  • February – Ard Management was licensed to conduct fund management activities.
  • May – Ard Holdings acquired an additional 30 percent of Ard Insurance from minority shareholders, bringing its holding in the insurance company to 85 percent, of which 2 percent is owned by Investor Nation.  
  • June – Ard Financial group acquired Altan Horomsog securities company, listed on the MSE, continuously operating for 25 years since 1991, and one the first securities companies in Mongolia. 
  • September – Ard Holdings acquired an additional 13.01 percent of Mongol Post from Bathishig H. in a combination of cash and stock deals. At the end of the year, our combined ownership is 31 percent of Mongol Post. Mr. Bathishig became the single largest shareholder of Ard Holdings as a result of this transaction, with 11.99 percent ownership.
  • December – Mr. Bruno Raschle invested an additional MNT1.5 billion in the Company. Ard Financial Group held its BoD meeting on December 3rd, at which a decision to issue MNT2 billion in bonds was reached. We managed to bring the number of our shareholders to 3,000 by year-end, a tenfold increase, which makes one in 1,000 Mongolians Ard shareholderв.  Ard Holdings injected MNT1 billion into Ard Credit and, at the same time, acquired 12.7 percent from a minority shareholder, bringing its stake in the lender to 80.7 percent. Ard Holdings spans out pension services from Ard Assets to stand-alone pension services provider Ard Life, formerly MTND
  • Ard Holdings sold its 50 percent shareholding at the Institute of Engineering and Technology for MNT9.8 billion. The deal involves shares and real estate swaps combined with long-term financing facilities
  • Ard Holdings sponsored a landmark USD600,000 bond issuance by Hunnu Air underwritten and arranged by Ard Securities.
  • TenGer Systems became the official agent in Mongolia, of the British addressing company What3Words.
  • January 9 – Crypto Nation SPC held its Board of Directors meeting, during which the company approved its management structure and made its investment decisions.
  • April 2 – Ard Insurance allocates dividends for a second straight year.
  • April 2 – Crypto Nation allocates Q1 dividends.
  • April 4 – Ard Credit NBFI decides to allocate dividends to its investors.
  • April 17 – Ard Credit fully connected to Polaris, the core banking system.
  • April 27 – During the annual shareholders meeting, a decision to merge Ard Financial Group with Jinst Uvs was reached.
  • April 27 – Ard Life Company decided to allocate profits to investment account holders.
  • April 28 – Ard Credit NBFI has introduced a new loan product that uses securities as collateral.
  • April 28 – Launched the first version of Ard App.
  • April 28 – GoPay introduces a new loan product, which uses Bitcoin as collateral.
  • May 2 – Ard Securities brokerage firm has successfully raised financing for Netcapital financial corporation NBFI.
  • June 7 – Ard Holdings made changes to its BoD structure.
  • June 8 – Investor Nation was dissolved.
  • June 13 – Ard Life introduced Polaris, the core banking system.
  • June 13 – Ard Life’s personal pension fund clients reached 1,000.
  • July 3 – GoLend offers the first ever loan that uses Bitcoin as collateral.
  • June 29 – Opening ceremony for a joint branch of Ard Holdings and Mongol Post was held.
  • June 3 – Ard Holdings and Bitmed LLC are partnering to introduce an online health service in Central Asia.
  • July 3 – Ard Securities brokerage firm and Mini Credit LLC have signed a cooperation deal.
  • July 19 – Ard Holdings is going to sponsor the Mongolian Rugby National Team.
  • July 19 – Ard Holdings and Digital Exchange Mongolia made a strategic partnership agreement.
  • August 29 – The FRC approved the IPO of Ard Insurance.
  • September 26 – Ard Insurance’s IPO was successfully completed and the company received orders for MNT7 billion.
  • October 9 – Ard Holdings, Mongol Post and MEC Partners are partnering to help lift the E-Commerce industry in Mongolia.
  • December 1 –  Ard shareholders can now request interest-free loans.
  • December 1 –  Successfully organized Ard Fair, Ard Shop presented its operations to the public for the first time.
  • December 1 – Ard Insurance JSC organized a non-plenary shareholders meeting.
  • December 8 and 9 – Ard Credit NBFI held a fair with zero interest, collateral-free loans.
  • December 27 –  The Mongolian Stock Exchange approved the merger between Jinst Uvs and Ard Financial Group.
  • December 31 – Ard Insurance JSC’s shareholders reached 1,649.
  • January 9 – At their regular meeting, the FRC approved the IPO of Ard Credit NBFI on the Mongolian Stock Exchange and its legal status change to a public company.
  • January 15 – Ard Bit introduced ArdCoin loyalty point.
  • January 19 – Investor Nation Forum was held.
  • January 19 – Launched Ard Digital Wallet
  • January 23 – Mr. Zolboo was named as Chief Financial Officer at Ard Financial Group.
  • February 5 – Otgonbayar M. became the first winner of the Ard car lottery.
  • February 7 – Became the heroes of “Tsagiin hurd.”
  • February 18 – Ard Credit NBFI launches its IPO.
  • February 19 – Ard Insurance JSC decided to allocate 50 percent of its 2018 net profits to its shareholders as dividends.
  • February 19 – Ard Credit NBFI signed a partnership with the Japanese company Crowd Credit Fund, raising USD5 million from the Japanese market.
  • March 1 – Ard Credit’s IPO (MSE: ADB) is 3 times oversubscribed.
  • March 11 – Ganhuyag Ch represented our staff at the Engadin skiing marathon.
  • March 12 – Secondary market trading for Ard Credit NBFI JSC commenced.
  • March 12 – Ard Insurance JSC celebrated its 25th anniversary.
  • March 22 – Shangri-la branch lease expired and the branch was closed.
  • March 26 – Mongol Post relaunched its transit services between the PRC and Russia.
  • March 29 – Ard Assets SCC held its special general meeting for all its members
  • April 5 – Added a feature that allows users to open their investment accounts directly from Ard App.
  • April 8 – ArdCoin local listing on Trade.mn, Mongolia’s first and only cryptocurrency exchange platform.
  • April 11 –Became a sponsor of Ungu nem project.
  • April 17 – First ArdX/USD and ArdX/BTC exchanges were successfully made on Trade.mn.
  • April 18 – Announced Project Alpha competition.
  • April 19 – Launched Investor children program.
  • April 27– Shareholder meetings for Ard Financial Group, Ard Insurance, Ard Credit, and Jinst Uvs were successfully organized.
  • April 27– Ard Financial Group allocates MNT1 billion tugriks worth of ArdCoins to its shareholders.
  • May 8 – The Financial Regulatory Committee of Mongolia reviewed and approved this application for RTO of Ard Financial Group by Jinst Uvs.
  • May 30 –  Launched AlphaWallet, an international crypto wallet.
  • June 5 – Ard staff introduced the company’s operations to the people of Gobisumber and Dornogobi provinces.
  • June 9 – Sarantuya D. became the second winner of the Ard car lottery
  • June 17 – Ard Insurance JSC allocated dividends to shareholders.
  • June 20 – The Financial Regulatory Committee of Mongolia approved the legal name change of Jinst Uvs JSC to Ard Financial Group JSC.
  • June 21 – Ard Bit did an Airdrop for ARDX.
  • June 21 – Ard App users reached 200,000, Ard Credit customers reached 100,000.
  • June 28 –Mongol Post JSC allocated dividends to its shareholders.
  • July 8 – The Financial Regulatory Committee approved the establishment of the “National Privatization Fund” by Ard Management.
  • July 23 – Enabled shoppers to directly order products from overseas via Ardshop.mn.
  • July 25 – Established Ard Bit Global Ltd in Singapore.
  • August 8 – Ard Financial Group becomes a publicly-traded company listed on the Mongolian Stock Exchange (MSE: AARD). Ard Financial Group, Ard Credit and Ard Insurance presented their 2019 first half-year financial and operational reports.
  • August 22 – ArdCoin (ARDX) is to be listed on the BTCEXA Exchange, Australia’s regulated crypto exchange platform.
  • August 30 – ArdCoin (ARDX) successfully launched on BTCEXA, an Australian based crypto exchange platform, and opened trading.
  • September 2 – ArdCoin (ARDX) listed on CoinMerit, a crypto database.
  • September 2 – ArdCoin (ARDX) listed on CoinGecko, a crypto database.
  • September 18 – ArdCoin (ARDX) listed on International cryptocurrency exchange STEX.
  • October 21 – Ganhuyag Ch, CEO of Ard Financial Group was elected as the President of the Ulaanbaatar Chamber of Commerce.
  • November 29 – Ard Financial Group acquired an additional 3.6 percent of Mongol Post JSC.
  • December 1 – Investor Nation Forum – 2020 was held with the motto “Take hold of your future!”
  • December 1 – Introduced a new version of Ard App.
  • December 19 – ArdCoin has commenced its presence on the three of the most renowned international cryptocurrency platforms – CoinMarketCap, LiveCoinWatch, and Blockfolio.
  • December 19 – Ayush Ts., a primary school teacher from Mandal soum, Selenge province won the Best Teacher honor on “Bi Bagsh” television show, sponsored by Ard Financial Group.
  • January 10 – In the “Asian Championship-2020″ held in Ybula, Ard Athlete Mr. Ganbold won the bronze medal in the 1.5-kilometer para skiing competition.
  • January 13 –Ard Financial Group’s 4 affiliates included in Mongolia’s Top-20 index for 2020
  • January 22 – Amarbayasgalan Enhsaihan has been appointed as the Chief Investment Officer of Ard Financial Group.
  • January 30 – Telmen Gerelt has been appointed as the Chief Executive Officer of Ard Credit.
  • February 12 – Ard Securities LLC is granted a special license to conduct foreign exchange trading
  • February 19 –Ard Financial Group JSC decided to allocate 12.65 percent of its 2019 total profits or MNT1 billion to its shareholders as dividends.
  • February 19 – Ard Insurance JSC decided to allocate 49.45 percent of its 2019 net profits or MNT850 million to its shareholders as dividends.
  • February 19 – Ard Credit NBFI JSC decided to allocate 50 percent of its 2019 net profits or MNT1.18 billion to its shareholders as dividends.
  • April 1 – Ard Financial Group made additional investments in Ard Life
  • April 27 – Annual General meeting for Ard Credit JSC was successfully organized via online means.
  • April 29 – Annual General meeting for Ard Insurance JSC was successfully organized via online means.
  • May 1 – Annual General meeting for Ard Financial Group JSC was successfully organized via online means.
  • May 5 – ArdCoin (ARDX)  successfully launched on BitMonex, Mongolia’s first international cryptocurrency exchange.
  • May 25  – Ariunaa Bayaraa has been appointed as the CEO of MEC Parters (АrdShop.mn)
  • May 25 – June 5  Masters of Future – Investor Children campaign.
  • June 10 – The National Privatization Fund, established at the initiative of Ard Management, has received approval from the Financial Regulatory Commission.
  • June 11 – Investor Nation Bayankhongor.
  • June 13 – Investor Nation Uvurhangai.
  • June 30 – Ard Financial Group allocated dividends to shareholders
  • July 20 –  Ard Assets SCC held an earnings call to present its 2020 Q2 report.
  • July 21 –  Ard Credit JSC held an earnings call to present its 2020 Q2 report.
  • July 22 –  Ard Life LLC held an earnings call to present its 2020 Q2 report.
  • July 23 –  Ard Insurance JSC held an earnings call to present its 2020 Q2 report.
  • July 24 –  Ard Financial Group JSC held an earnings call to present its 2020 Q2 report.
  • July 24 – Investor Nation Darkhan.
  • July 28 – Investor Nation Orkhon.
  • July 29 – Investor Nation Erdenet
  • July 30 – Investor Nation Bulgan
  • July 31 – Investor Nation Huvsgul
  • August 2 – Investor Nation Europe – Switzerland
  • August 3 – Investor Nation Arhangai
  • August 4 – Investor Nation Uvurhangai
  • August 5 – As part of its goal to reach customers nationwide, Ard Credit JSC started providing loan services in Bayanhongor and Uvurhangai provinces.
  • August 18 – Investor Nation Zavhan.
  • August 20 – Investor Nation Uvs.
  • August 22 – Investor Nation Bayan-Ulgii.
  • August 24 – Investor Nation Hovd.
  • August 26 – Investor Nation Gobi-Altai.
  • August 26 – Ard Management registers the National Privatization Fund on the Mongolian Stock Exchange.
  • October 2  – Ard Credit JSC launched EuroJero International money transfer service in cooperation with Mongol Post JSC.
  • October 5 – The National Privatization Fund, Mongolia’s first closed-end mutual fund, rang the Mongolian Stock Exchange’s opening bell
  • October 16 – The National Privatization Fund, Mongolia’s first closed-end mutual fund, successfully raised funds and was oversubscribed.
  • October 16 – The National Privatization Fund, Mongolia’s first closed-end mutual fund’s units, started trading on the secondary market on the MSE.
  • October 23 – Ard Financial Group announced results for Q3.
  • October 23 – Ard Insurance announced results for Q3.
  • October 23 – Ard Credit announced results for Q3.
  • October 23 – Ard Life announced results for Q3.
  • October 30 – Ard Management was granted special license from the Financial Regulatory Commission to operate the Mutual Investment Fund.
  • November 14 – Ard Management presented its first report on the activities of the National Privatization Fund.
  • December 11 – Amarbayasgalan E. has been appointed as the Chief Executive President of the Board at Ard Securities Brokerage LLC.
  • December 14 – Ard Credit JSC integrates with Automated Clearing House (ACH+) bank payment and settlement system.
  • December 16 –  Steppe Gold Ltd. (TSX: STGO) announces plans for a secondary listing of its common shares on the Mongolian Stock Exchange (“MSE”), with Ard Securities Brokerage as the main underwriter.
  • December 26 – Crypto Nation fund closes with 110 percent returns.
  • January 15 – Ard Financial Group rewards two members of the staff with an apartment and a Renault Kaptur respectively during its digital new year party.
  • January 21 – Ard Credit JSC, Ard Life LLC and Ard Assets SCC presented their preliminary annual reports for 2020 via Facebook live.
  • January 22 – Ard Financial Group JSC, Ard Credit LLC and the National Privatization Fund presented their preliminary annual reports for 2020 via Facebook live.
  • January 25 – Raised MNT8.2 billion from 4,611 investors as Ard Financial Group’s initiative to help the public invest in the banking sector.
  • February 3 –  Ard Securities Brokerage to underwrite Bogd Bank’s IPO.
  • February 13 – Ard Insurance JSC decided to allocate 48.15 percent of its 2020 net profits or MNT1 billion to its shareholders as dividends.
  • February 13 – Ard Credit JSC decided to allocate 49.79 percent of its 2020 net profits or MNT1 billion to its shareholders as dividends.
  • February 15 – Ard Financial Group JSC to reward shareholders with 28.6 million ArdCoin.
  • February 15 – Mr. Barhas Tsolmon, winner of “The Apprentice Mongolia” show, has been appointed as the CEO of Ard Holdings International LLC and Executive Vice President for Sales and Marketing of Ard Financial Group.
  • February 25 – Ard Holdings International and Bogd Bank sign a MOU fro a strategic partnership.
  • March 2 – Ard Securities Brokerage raised a closed bond for Gatsuurt company worth MNT40 billion.
  • March 12 – Initiated “Staking” project advocacy for people to get cars with steering wheels on the correct side.
  • March 15 – Started ARDX77 to all kids in Mongolia project.
  • March 17 – Initiated “Stronger Together” project to support Mongolians stranded abroad due to the pandemic.
  • March 26 – Ard Financial Group initiated “No one left behind. Together.”project to make the Group’s products and services more accessible, and signed an MoU with the Mongolian National Association For the Blind and JCI Central NGO.
  • March 30 – Ard App users reached 1 million.
  • March 31 – Ard Assets SCC holds Annual General meeting for all members.
  • March 31 – Hired 88 new staff since the beginning of the year.
  • April 1 – Digital Assets Exchange moved to a web version (DAX.mn).
  • April 6 – Successfully concluded Stronger Together project tp help Mongolians who were stranded due to the COVID-19.
  • April 7 – Ard Holdings International signed a strategic partnership agreement with Bogd Bank.
  • April 15 – Ard Life LLC and the National Privatization Fund (MSE: XOC) held earnings calls to present their 2021 Q1 reports.
  • April 16 – Ard Insurance JSC and Ard Credit JSC held earnings calls to present their 2021 Q1 reports.
  • April  17 – Ard Financial Group held a earnings call to present their 2021 Q1 reports.
  • April  26 – Annual General meeting for National Privatization Fund (MSE: XOC) was successfully organized via online means.
  • April 27 – Ard Financial Group made a strategic investment in the Mongolian Securities Exchange via its subsidiary Ard Ex LLC.
  • April 28 – Annual General meetings for Ard Insurance (MSE: AIC) and Bulgan Undraga (MSE: BUN) were successfully organized via online means.
  • April 28 – USDT and ETH trading pairs were added on the Digital Assets Exchange (DAX.mn).
  • April 30 – Annual General meetings for Ard Financial Group (MSE: AARD) and Ard Credit (MSE: ADB) and E-Money (MSE: HCH) were successfully organized via online means.
  • April 30 – ArdCoin (ARDX) listed on Bittrex Global, international crypto-exchange.
  • May 3 – ArdCoin (ARDX) trading commences on Bittrex Global.
  • May 7 – Received 9,241 orders during the third crowdfunding round. .
  • May 12 – Ard Financial Group provided MNT 100 million to 100 nurses who worked in high risk areas during the pandemic.
  • May 18 – Bayarmagnai Erdenebat appointed as Chief Technology Officer of Ard Holdings.
  • June 8 – Held opening ceremony for the Student Rural Outreach Program – an initiative to support financial literacy all around Mongolia.
  • June 8 – Board of Directors of Bulgan Undraga JSC held their initial meeting.
  • June 23 – Ard Financial Group to invest in GrapeCity Mongolia and Most Fintech.
  • June 29 – Ard Credit JSC allocated MNT1 billion from its 2020 profits to its 10,323 shareholders as dividends.
  • July 3 – Ard Insurance JSC allocated MNT1 billion from its 2020 profits to its 8,142 shareholders as dividends.
  • July 3 – Established TenGerLeague Media Group, Mongolia’s first publicly owned media company.
  • July 8 – Ard to sponspor ZEUS esports team
  • July 17 –Released new version of DAX, created ArdMoney.
  • July 23 – ArdCoin registered on international crypto wallets: Trust wallet and MetaMask
  • July 25 – Airdropped ArdMoney to ArdCoin holders registered on DAX.mn
  • July 24-30 – Ard and its affiliated companies held their earnings call for the first half of 2021.
  • August 2 – Bulgan Undraga held a non-regular shareholder meeting.
  • August 31 – Announced Alpha Winner – the largest promotional campaign in Mongolia.
  • August 31 – Ard Leasing introduced a brand new car leasing product, Rising Car.
  • September 2 – Ard Financial Group and Ard Credit were upgraded to Class I on the Mongolian Stock Exchange.
  • September 17-19 – Ard Financial Group participated as the strategic partner for ICT EXPO – DIGITAL NATION 2021 event.
  • October 3 – Winners of September Ard Alpha Winner campaign were announced on Mongol HD TV
  • October 6 – We supported the national BILLION TREES initiative and established Ard’s grove in Bumbat spring, Songinokhairkhan district.
  • October 14 – Launched ArdKids – finance app for children.
  • October 20 – 22 – Ard and its affiliated companies held their earnings call for the Q3 of 2021.
  • November 7 –  Winners of October Ard Alpha Winner campaign were announced on Mongol HD TV.
  • November 15 – Initial DAX Offering (IDO) of ArdMoney
  • November 17-20 – With our mission to build theInvestor Nation, the Ard team organized financial education training in Erdenet and Darkhan.
  • November 25 – Sponsored Frontier Fintech Summit 2021
  • November 29 – Initiated 4th Crowdfunding round
  • December 5 – Winners of November Ard Alpha Winner campaign were announced on Mongol HD TV.
  • December 13 – DAX – Digital Assets Exchange announced a AirDrop worth MNT3 billion for its 1 year anniversary.
  • December 15 – Ard Credit services our now available from Most Money app.
  • December 30 – DAX – Digital Asset Exchange goes global with its international trading platform iDAX.
  • December 30 – DAX releases its native token DAXT.
  • January 9 – Winners of December Ard Alpha Winner campaign were announced on Mongol HD TV.
  • January 12 – Ard App’s one time transaction limit increases to MNT5 million.
  • January 12 – Ard App integrates with domestic bank account repository.
  • January 13 – Ard Talk Show returns for a second season.
  • January 13 – Facilitated exchange of ArdCoin into TenGerLeague Media Group (MSE: TNGR) stock on DAX – Digital Asset Exchange.
  • January 19 – Ard Financial Group’s head office was selected as one of the most attractive offices in Ulaanbaatar for 2021.
  • February 6 – Winners of January Ard Alpha Winner campaign were announced on Mongol HD TV.
  • February 13 – Ard Credit JSC decided to distribute 49.79 percent or MNT1 billion of its 2021 net profit to its shareholders.
  • February 15 – Ard Financial Group presents earnings call for its preliminary results of 2021,
  • February 16 – Ard Financial Group JSC decided to distribute a total of MNT1,333,000,000 or MNT46.53 per share to its shareholders from its 2021 profit.
  • February 16 – Ard Insurance JSC decided to distribute a total of MNT1 billion or MNT40 per share to shareholders from its 2021 net profit.
  • February 16 – Ard Insurance JSC and Bulgan Undraga JSC present earnings calls for their preliminary results of 2021.
  • February 17 – Ard Credit JSC and the National Privatisation Fund present earnings calls for their preliminary results of 2021.
  • February 24 – Ard Financial Group JSC has agreed to finance the nation wide supply chain platform GOOD introduced by SCOP Alliance LLC.
  • March 5 – Successfully organized Ard MESA League – Final Event.
  • March 6 – Final winners of Ard Alpha Winner Campaign were announced on Mongol TV.
  • March 18 – Bulgan Undraga changes its name to Crypto Nation JSC.
  • March 19 – Ard Financial Group sponsors the DevSummit 2022 event.
  • March 31 – Ard Assets SCC successfully organized its Annual General Meeting.
  • April 4 – ArdCoin Forward deals enter the market.
  • April 6 – Mongolia’s first mutual open investment fund, Investor Nation, received approval from the Financial Regulatory Commission.
  • April 30 – Ard Financial Group (MSE: AARD), Ard Insurance (MSE: AIC) Ard Credit (MSE: ADB), Crypto Nation (MSE: BUN) joint stock companies, and the National Privatization Fund (MSE: XOC)  held their annual shareholders meeting.
  • April 30 – May 1 – Investor Nation – 2022 Forum was successfully held under the motto Invest, Ignite, Inspire.
  • June 18 – Ganbold B., an athlete of Ard Financial Group won silver medals in the 800 and 1,500 meter dashes of the Para-Athletics National Championship
  • June 20 – Ganzorig Ch, appointed as Chairman of Ard Credit NBFI JSC
  • July 1 – The HU and Ard Financial Group announce a virtual concert in the Metaverse
  • July 4 – Ard Credit JSC allocated MNT1.26 billion from its 2021 profits to its 13,419  shareholders as dividends.
  • July 4 – Ard Financial Group JSC allocated MNT1.66 billion from its 2021 profits to its 18,685  shareholders as dividends.
  • July 22 – Odbayar O., appointed as Chairman of Ard Insurance JSC
  • July 25 – Bilguun H., appointed as Chairman of Ard Securities Brokerage
  • July 28 –Ard Financial Group held its earnings call for the first half of 2022.
  • August 1 –  Michidmaa B., appointed as CEO of MEC Partners (ArdShop.mn)8 
  • September 2 – Mongolia’s first open-end mutual fund – Investor Nation opens.
  • September 6 – Gantuya G., appointed as CTO of Ard Financial Group
  • September 12 – Altaibaatar M., appointed as CEO of TenGer Systems
  • September 13 – Chadraabal D., appointed as CEO of CryptoNation JSC
  • September 20 – Initial public offering for Investor Nation – Wealth Fund opens
  • September 23 – iDAX Exchange receives Virtual Asset Service Provider license.
  • September 29 – Investor Nation – Wealth Fund
  • September 29 – Investor Nation – Wealth Fund successful IPO
  • October 3 –  Bulgan Gantulga was appointed as the CEO of Ulaanbaatar Securities Exchange JSC.
  • October 8 – Ard Financial GroupJSC opened its doors to the citizens of Darkhan city.
  • October 21 – Representatives of Ard Financial Group, Mongol Post, Scope Alliance, and Mind Tech signed a memorandum of understanding. 
  • November 2 – Ard Financial Group signed a partnership with MBG Hospital.
  • November 2 –  Ard Financial Group, ArdAcademy, and ArdKids jointly launched the #WeCanBeBetter campaign aimed at the welfare of society, including children who are the future of Mongolia.
  • November 9 –  Barhas Tsolmon was appointed as the CEO of Ard Securities.
  • December 2 – On the occasion of the 100th anniversary of Mongolian Post JSC, Ard Financial Group renovated and furnished the branch in the Central Post Office per international standards.
  • December 2 –  Ard Financial Group to award 10 AARD shares to all employees’ children. 
  • December 6 – Ard Financial Group will award 5 AARD shares to the children of shareholders of Ard Financial Union (AARD). 
  • December 12 –  Ard Financial Group was awarded the Best Financial Services Group of Mongolia in 2022 in the Best Non-Banking Financial Institution category by Global Banking & Finance Review
  • December 13 – As part of the #WeCanBeBetter campaign, Ard Financial Group commits to allocating AARD shares to all 1.3 million children in Mongolia. 
  • December 16 –  Crypto Nation JSC changed its strategic direction and made several important decisions to diversify further and expand its operations.
  • December 19 –  Ard Financial Group starts a partnership with TomYo Edtech. 
  • December 20  – Ard Financial Group and Ard Insurance signed a memorandum of cooperation with Amar Daatgal.
  • January 3  – Ard Financial Group’s financial education masterclass launches on TomYo platform.
  • January 5  – Burned 100,000,000  ARDX or 2.04% of the ArdCoin supply, bringing the total amount of ArdCoin to 4,800,000,000.
  • January 18 – 31 – Ard Financial Group, Ard Insurance, Ard Credit, National Privatization Fund and ArdCoin present their preliminary reports for 2022. 
  • January 20 – ArdCoin celebrates 4 year anniversary. 
  • January 20 – Ard Securities introduced the Smart Investor – Securities savings product. 
  • January 24 – Ard Financial Group, Ard Insurance and Ard Credit were renamed to the Mongolian Stock Exchange’s Top-20 index for 2023. 
  • January 25 – ArdKids app users reach 40,000. 
  • January 27 – Ard Financial Group supported the Mongolian Football Federation’s Golden Ball – 2022 event and organized a special evening with FIFA legend Wesley Brown.
  • February 12 – Ard Securities launches Wealth Management services
  • February 16 – Ard Financial Group sponsored Euro Chamber’s 2023 Annual General Meeting
  • February 26 – Dashnyam J. becane the winner of the second season of the Apprentice Mongolia, business reality tv-show. 
  • February 27 – March 1 – Representatives of Ard Financial Group and Ard Credit participated in the Mobile World Conference held in Barcelona, Spain. 
  • February 27 – Ard Financial Group starts cooperation with TICKET.mn, the largest ticketing platform in Mongolia.
  • March 13 – Dashnyam Jargalsaikhan  was appointed as the CEO of Ard Ventures LLC. 
  • March 14 – Ard Financial Group, Ard Insurance, Ard Credit and Crypto Nation joint stock companies decided to allocate ARDX to shreholders. 
  • March 15 – Azjargal T., a participant of the Apprentice Mongolia show, was appointed as the Deputy Director of Ard Pension Account LLC.
  • March 16 – 17 – Representatives of Ard Financial Group and Ard Credit participated in the Global Microfinance Forum held in Prague, Czech Republic.
  • March 17 –  A joint branch of Ard Financial Group and Mongol Post opens in Selenge province
  • March 30-31 – The HU in the Metaverse, the first full-scale virtual Rock concert successfully organized in three regions: Asia Pacific, Europe and North and South America. 
  • March 31 – Ard Assets SCC successfully organized its Annual General Meeting.
  • April 25 – Ard Financial Group starts a partnership with Shambala 2056 with a goal to create sustainable green spaces and reduce desertification through art and technology
  • April 29 – 30 – Ard Financial Group (MSE: AARD), Ard Insurance (MSE: AIC) Ard Credit (MSE: ADB), Crypto Nation (MSE: CNF) joint stock companies, and the National Privatization Fund (MSE: XOC) and Investor Nation Fund held their annual shareholders meetings.
  • April 29 – 30 – Investor Nation – 2023 Forum was successfully held under the motto Wealthy Mongolia.
  • May 17 – We supported the national BILLION TREES initiative and planted trees at the Incheon Dream Grove.
  • May 26 – Chief Executive Officer of Ard Financial Group, Ganhuyag Chuluun Hutagt, participated as a panelist in the discussion on “Financial Inclusion in the Post-Pandemic World” at the World Microfinance Forum held in Prague, Czech.
  • May 27 – Organized the Investor Nation – Prague event to help increase financial literacy and bring investment opportunities for Mongolians living in Europe.
  • May 26 – 31 – As part of the #WeCanBeBetter Campaign Ard team members visited Veloo Foundation‘s Children of the Peak, School 29 for the hearing impaired and School 116 for the visually impaired and opened savings accounts and gifted AARD shares to every child.
  • June 9 – 11 – Technology companies of Ard Financial Group successfully participated in ICT EXPO-2023, the largest exhibition of the field of communication and information technology organized under the slogan “Mindgolia.”
  • June 16 – The Board of Directors elected founder Ganhuyag Chuluun Hutagt as the Chairman and Zolboo Batbileg as Interim CEO.
  • June 22 – Ard Financial Group was invited as a member of the World Economic Forum’s New Champions, becoming the first Mongolian company to join the community.
  • July 3 – Ard Financial Group starts partnership with Jieng Lun Group, one of China’s TOP 100 companies.
  • July 9 – 10 – Worked as a Strategic partner for the Mongolia Economic Forum 2023.
  • July 14 – 20 – Supported the Jiu-Jitsu World Championship held in Ulaanbaatar, Mongolia.
  • July 25 – Ard Financial Group invested in Offsetted, a cutting-edge deep-tech carbon reduction engine, through its SPV based in Singapore.
  • September 7 – Bilguun Hurelbaatar was named as Chief Financial Officcer of Ard Financial Group.
  • September 21  – Zolboo Batbileg, CEO of Ard Financial Group was elected to the Supervisory board of Mongolian National Chamber of Commerce and Industry, while Ard Insurance JSC was elected to the Board of Directors.
  • September 26 to October 5 – Representatives of Ard Pension and Ard Credit organized open workshops in 4 cities for Mongolians living in South Korea and shared expertise with 3 major investment funds.
  • October 10 – Ard Pension participated in the World Pension Summit 2023, held in Hague, Netherlands, becoming the first pension company to represent Mongolia at the summit.
  • October 11 – Ard App v5 launch.
  • October 13 to 15 – Organized the Mini game on Ard Аpp hackathon, where  the winners got the opportunity to place their mobile game on Ard App.
  • October 14, 17 – Organized the Own your Future open workshop for at Geneva, Switzerland and Stockholm, Sweden for Mongolians living in Europe.
  • October 20, 22 – Ard Financial Group athlete Baatar A. showed exceptional success in Champ Cup, Darkhan Cup Bodybuilding and Fitness competitions, not only won the 85 kg champion gold medal in each competition, but also won the title of the absolute champion in both contests.
  • October 23 – Ard Credit receives special license for outsourcing from the Central Bank of Mongolia
  • October 30 –Mr. Roland Nash named as an interim independent board member of Ard Financial Group.
  • November 2 – Ganhuyag Chuluun Hutagt, Chairman of Ard Financial Group presented at the Solana Breakpoint Forum 2023 held in Amsterdam, Netherlands.
  • November 9 – 2023 Q3 Earnings Call for Ard Financial Group.
  • November 30 – Ard Financial Group’s CEO Zolboo B. and Ard Properties CEO Uyanga G. participated in the annual retreat of the New Champions under the World Economic Forum in Geneva, Switzerland.
  • December 5 – Ard Credit JSC starts partnership with what3words to use its addressing system for credit card deliveries.
  • December 15 – Ardcoin 3.0 Launch.
  • December 20 – Ard Pension successfully implemented the ISO 9001:2015 Quality Management System.

Introduction

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