Ulaanbaatar, Mongolia - February 13, 2021 - The Board of Directors of Ard Credit NBFI JSC (MSE:ADB) has decided to allocate MNT1 billion or 49.79 percent of the company’s net profit in 2020 as dividends to its shareholders.
Ulaanbaatar, May 20, 2020 - ArdCredit (MSE:ADB) received its digital currency license from the Bank of Mongolia in accordance with the Law on Central Bank and the Law on the National Payment System of Mongolia, giving birth to ArdCash.
As announced earlier Ard Credit entered into a partnership agreement with the Crowd Credit of Japan last February for MNT denominated debt financing equivalent to USD5 million.
As a young and dynamic microcredit institution, we continuously strive to make our products and services more accessible and easier for our clients by introducing new approaches and products on the market.