Memorandum with the National Deposit Insurance Fund of Hungary

On 29 June of 2023 in Ulaanbaatar, Mongolia, the Fund of Guarantee Citizens' Deposits in Banks signed a Memorandum of Understanding with the National Deposit Insurance Fund of Hungary.

This memorandum is a statement of intent to cooperate and collaborate in the area of deposit insurance, which includes bilateral meetings, exchange of views, experience, personnel, and publications to further develop their own organizations.

The funds strongly believe that the enhancement of cooperation will strengthen both countries' economies and financial systems.