About Mirae Asset in Mongolia

Learn about the leadership and history of Mirae Asset Securities Mongolia UTsK LLC, and how we continue to build trust and growth in the local capital market.

Our Specialist

Learn about the leadership and history of Mirae Asset Securities Mongolia, and how we continue to build trust and growth in the local capital market.

L. Khishigbayer

Chief Executive Officer

Message from the CEO

Dear valued customer, warm greetings to you.

Mirae Asset Securities, a leading company in Korea’s capital market, established its Mongolian subsidiary “Mirae Asset Securities Mongolia LLC” in 2013 as a joint venture between Mongolia and Korea.

With the approval of the Financial Regulatory Commission, we have been providing comprehensive securities services—including brokerage, dealing, underwriting, investment advisory, and nominee account services—to our clients and partner organizations in the Mongolian capital market.

Our success is defined by the successful investments of our clients and investors. Therefore, we are committed to offering well-guided and profitable investment solutions under any market conditions, while working to enhance accessibility to the capital market.

In this ever-changing era, our team will always remain open to providing innovative, balanced, and reliable products and services, working together with you to build a prosperous future.

Thank you.

History of Mirae Asset Securities in Mongolia

2023

Underwritten the IPO of Trade and Development Bank of Mongolia, one of the TOP-5 systemic banks in the country.

2022

Introduced the Bloomberg Terminal for international trading, initiating direct bond trading in global markets without intermediaries.

2021

Introduced the M Stock online trading system.

2020

Underwritten the public bond issuance of LendMN NBFI JSC, raising MNT 5 billion.

2019

Registered Mongolia’s first convertible bond at the Mongolian Central Securities Depository and raised MNT 7 billion from international market.

2018

Underwritten the IPO of LendMN NBFI LLC, raising MNT 5 billion.

2017

Obtained a license to provide nominee account services for cash management.

2017

Underwritten short-term Certificates of Deposit issued by the Development Bank of Mongolia in the Korean securities market, raising USD 200 million.

2016

Renamed the company as Mirae Asset Securities Mongolia UTsK LLC following the merger of our holding company Daewoo Securities (Korea) with Mirae Asset Securities.

2015

Underwritten the securitized Certificates of Deposit of Trade and Development Bank of Mongolia in the Korean securities market, raising USD 57 million.

2014

Obtained a license to undertake brokerage activities in the sale and purchase of securities in foreign securities markets.

2013

Daewoo Securities Mongolia LLC was established.

2013

Obtained special licenses for securities underwriting and investment advisory services.