CEO of Mongolia’s ARD financial group invited to Global Microfinance Forum

The upcoming Global Microfinance Forum in Prague, organized by Uniglobal, will bring together industry experts to discuss the challenges and opportunities facing microfinance institutions in the post-pandemic society. The forum will cover a range of topics including the adaptation of MFIs in the new reality, the impact of the debt moratorium, the growing importance of digital transformation, and other important issues.

The COVID-19 pandemic has significantly impacted the microfinance sector, resulting in changes to the operations, portfolio, and liquidity of MFIs. The slowdown in the real economy has made MFI clients even more vulnerable, necessitating a transformation of existing systems, policies, and approaches.

The discussion at the forum will focus on how microfinance institutions are adapting and operating in this new environment, and the challenges faced by clients. One specific area of interest will be the debt moratorium and its impact on the microfinance industry. Many financial markets have seen changes in the value of local currencies, prices of goods and services, hedging costs, and reduced opportunities to attract new investment. These changes have had a significant impact on the microfinance industry, and experts will discuss ways to address these challenges.

Digital transformation is another important topic that will be discussed at the forum. With the pandemic accelerating the shift to digital channels, the adoption of technology has become increasingly important for microfinance institutions. The forum will explore the role of technology in enabling MFIs to better serve their clients and improve their operational efficiency.

The forum will bring together professional and senior experts from around the world, who will share their experiences and views on current challenges and opportunities in the industry. They will also discuss their expectations and projections for the future direction of microfinance.

Hutagt Ganhuyag Chuluun, CEO of the ARD financial group, has been invited to speak at the forum on access to financial services in a post-pandemic society. His expertise in the microfinance industry and experience leading the ARD financial group will provide valuable insights for the forum’s participants.

In conclusion, the Global Microfinance Forum in Prague will provide a platform for industry experts to discuss the challenges and opportunities facing the microfinance sector in the post-pandemic society. The discussions at the forum will focus on ways to address these challenges and explore the role of technology in enabling MFIs to better serve their clients and improve their operational efficiency. The insights shared by the experts will provide valuable guidance for the future direction of microfinance.

Article by Prague Forum

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