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Confirmed the introduction of the ISO31000:2018 standard for risk management

Mongolian Mortgage Corporation HFC LLC introduces international good practices and standards in its operations and provides its contribution to the development of the secondary market of mortgage finance.

Since its establishment, MIK HFC LLC has been continuously improving its risk management framework in line with expansions of business operations. On December 28, 2022, MIK HFC LLC received the certificate of ISO31000:2018 Risk Management standard for its full implementation of the standard and its integration into the company's management framework.

With a risk management framework complying with international standards and best practices, the company improves the credibility of mortgage-backed bonds, thus sustaining investors' confidence in the long term and contributing to the development of the secondary market of Mortgage Finance in Mongolia.