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ESTABLISHED
EXPERTISE
IN EMERGING
MARKET
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About us

Established in 2004, Mandal Financial Group is Mongolia’s leading group providing a range of insurance, stock market, investment management, and risk management services. We are a risk-based, long-term value investor with a focus on sustainable and strategic investment opportunities.

During the last 15 years, Mandal Financial Group has closely worked together with global institutional investors and attracted over USD 70 million in investment into Mongolian deals. We partner with international investment funds in Hong Kong, London, and New York to source and invest in promising companies that meet our investment criteria.

Mandal’s insurance companies now have over 150,000 customers across general and life insurance portfolios and our asset management and investment banking companies have over 40,000 customers.
Mandal’s vision is to become Berkshire Hathaway of Central Asia.

Our Philosophy

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We believe investing in the emerging markets is more fun as it requires more sophisticated risk thinking.
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We believe investing in the emerging markets is more responsible as every investment helps to create jobs and fight poverty.
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We believe emerging market companies require specialized management teams who understand both the best western management practices and challenges presented by emerging economies.
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We believe we must always follow a strict code of conduct and business ethics.
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We strictly follow Value investing principles.

Leading team

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Ganzorig.U
Chairman, Mandal Financial Group
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Batzul.T
CEO, Mandal Financial Group
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Gantuya.Sh
Executive Director, Mandal Financial Group
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Batkhishig.B
CFO, Mandal Financial Group
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Enkhtuvshin.B
COO, Mandal Financial Group
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Batchimeg.J
CEO, Mandal insurance
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Ganzorig.G
Managing Director , Mandal Asset Management
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Batzorig.G
CEO, Mandal Asset Management
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Baatarbold.J
CEO, Tenger Insurance
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Ulziidelger.A
CEO, Mandal Capital Markets
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Baasanbat.G
CEO, Mandal Digital Credit
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Barsbaatar.G
CEO, Mandal Risk Management

Investments

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Mandal Asset Management

Mandal Asset Management is the largest asset management firm in Mongolia with over 40,000 investors across 7 investment funds. Mandal Future Growth Fund is a listed mutual fund and the largest investment fund in the country, Mandal Savings is a pioneering fintech ETF, Mandal PE is a first ever private equity fund in the country and Mandal Global is a value investing fund.

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Mandal Capital Markets

Established in 2009, Mandal Capital Markets is licensed by the Financial Regulatory Commission as a broker, dealer, underwriter, and investment advisor, and is a member of the Mongolian Stock Exchange and the Mongolian Securities Dealers Association. Mandal Capital Markets is the leading underwriter in the country.

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Tenger Insurance

Tenger Insurance, established in 2001 with the special license from the Financial Regulatory Commission, is a leading insurance company in Mongolia. Tenger Insurance has insured more than 70,000 clients and is the first insurance company to introduce an online insurance service to the domestic market. Tenger Insurance is the official sole Mongolian partner of the world-renowned Berkshire Hathaway Specialty Insurance. Click here to insure your car, home or business with Tenger Insurance, the best in claim settlement service.

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Mandal Insurance

Mandal Insurance is the largest general insurance company in Mongolia. Mandal Insurance was listed on Mongolian Stock Exchange in 2018 and it is the only AM Best rated insurer in the country with BB (stable) rating.

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Mandal Risk Management

Mandal Risk Management is a leading provider of information security services in Mongolia, offering cutting-edge solutions to protect organizations from the growing threats posed by hackers and cybercriminals. As the first provider of information security outsourcing services in the country, Mandal Risk Management brings global standards to local businesses, ensuring comprehensive protection against a range of threats. Our commitment to excellence and innovation sets us apart as the premier choice for information security in Mongolia. With Mandal Risk Management as your trusted partner, you can navigate the evolving landscape of cyber threats with resilience and confidence, safeguarding your business and preserving your reputation in an increasingly digital world.

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Mandal Credit

Mandal Digital Credit is a non-banking financial institution with the permit to conduct credit operations in the banking and financial sector of Mongolia. We are aiming to provide the easiest and most accessible financial services that are based on credit risk assessment models, which utilize customer behavior and their psychology.

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Mandal Life Insurance

Mandal Life Insurance, the most recent subsidiary company of Mandal Financial Group, is an emerging life insurance company that will provide our customers with long-term life insurance services. Mandal Life Insurance was founded by prominent regional players as such as Pinnacle, DFA, MCS Investments, Golomt Financial Group, and Mandal Financial Group.

Contact us

Оффисын утас: 72729911

Имэйл: info@mandal.mn

Meru tower, peace avenue-54 3th khoroo, Chingeltei district, Ulaanbaatar, Mongolia

© 2024 Mandal Financial Group