Mongolian Mortgage Corporation and Japan Housing Finance Agency Sign Technical Cooperation Agreement
The Mongolian Mortgage Corporation LLC (MIK HFC LLC) and the Japan Housing Finance Agency (JHF) have signed a technical cooperation agreement aimed at promoting sustainable and green housing finance in Mongolia and supporting the development of a targeted bond market.
The agreement will be implemented from August 1, 2025, to January 30, 2026, and represents a major step forward under the Memorandum of Understanding signed between the two institutions in 2019.
Under this agreement, the parties agreed to cooperate on: developing a sustainable development policy, preparing for the issuance of targeted bonds, strengthening internal capacity, formulating a transition plan aligned with international standards, and implementing training programs on sustainable finance, green housing, reporting standards, and digital transformation.
This partnership is part of the regional cooperation within the Asian Secondary Mortgage Market Association (ASMMA), of which both MIK and JHF are members.
Mr. Yasushi Takayama, President and Board Member of the Japan Housing Finance Agency, stated:
“As Japan’s public housing finance agency, we have extensive experience of successfully implementing energy-efficient and socially oriented housing loan programs.
We aim to support Mongolia in building a sustainable housing finance system and act as a bridge for expanded policy and financial cooperation between the two governments.
Introducing new sustainable housing technologies may be challenging at first, but we are confident that a solid, long-term partnership built on trust will lead to success.”
Mr. B. Gantulga, CEO of Mongolian Mortgage Corporation HFC LLC, emphasized:
“Today’s agreement marks a significant and historic step toward enhancing Mongolia’s green building and green finance market, advancing our sustainable development goals.
This cooperation will facilitate the introduction of green building standards, improve construction quality, and increase housing accessibility. It will also open new opportunities for green housing finance and green securities in Mongolia’s banking and financial sector.
We believe that the collaboration between MIK and JHF will continue to grow and lead to many successful projects built on mutual trust between our two countries.”
The agreement was signed and formalized by Mr. B. Gantulga, CEO of MIK, and Mr. Yasushi Takayama, President and Board Member of JHF.
Mongolian Mortgage Corporation and Japan Housing Finance Agency Sign Technical Cooperation Agreement
The Mongolian Mortgage Corporation LLC (MIK HFC LLC) and the Japan Housing Finance Agency (JHF) have signed a technical cooperation agreement aimed at promoting sustainable and green housing finance in Mongolia and supporting the development of a targeted bond market.
The agreement will be implemented from August 1, 2025, to January 30, 2026, and represents a major step forward under the Memorandum of Understanding signed between the two institutions in 2019.
Under this agreement, the parties agreed to cooperate on: developing a sustainable development policy, preparing for the issuance of targeted bonds, strengthening internal capacity, formulating a transition plan aligned with international standards, and implementing training programs on sustainable finance, green housing, reporting standards, and digital transformation.
This partnership is part of the regional cooperation within the Asian Secondary Mortgage Market Association (ASMMA), of which both MIK and JHF are members.
Mr. Yasushi Takayama, President and Board Member of the Japan Housing Finance Agency, stated:
“As Japan’s public housing finance agency, we have extensive experience of successfully implementing energy-efficient and socially oriented housing loan programs.
We aim to support Mongolia in building a sustainable housing finance system and act as a bridge for expanded policy and financial cooperation between the two governments.
Introducing new sustainable housing technologies may be challenging at first, but we are confident that a solid, long-term partnership built on trust will lead to success.”
Mr. B. Gantulga, CEO of Mongolian Mortgage Corporation HFC LLC, emphasized:
“Today’s agreement marks a significant and historic step toward enhancing Mongolia’s green building and green finance market, advancing our sustainable development goals.
This cooperation will facilitate the introduction of green building standards, improve construction quality, and increase housing accessibility. It will also open new opportunities for green housing finance and green securities in Mongolia’s banking and financial sector.
We believe that the collaboration between MIK and JHF will continue to grow and lead to many successful projects built on mutual trust between our two countries.”
The agreement was signed and formalized by Mr. B. Gantulga, CEO of MIK, and Mr. Yasushi Takayama, President and Board Member of JHF.
