{"id":4944,"date":"2011-11-01T09:31:07","date_gmt":"2011-11-01T09:31:07","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-announces-formation-of-bloomberg-tv-mongolia-3\/"},"modified":"2019-08-19T03:03:23","modified_gmt":"2019-08-19T07:03:23","slug":"bloomberg-announces-formation-of-bloomberg-tv-mongolia-3","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-announces-formation-of-bloomberg-tv-mongolia-3\/","title":{"rendered":"Bloomberg Announces Formation of Bloomberg TV Mongolia"},"content":{"rendered":"<div class='bbg-row bbg-bg--white ' data-anchor='row-69ff2e62f2192'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8 bbg-column--offset-2'>\n\t<div class='bb-wysiwyg'>\n    \n    <div>\n<p>Hong Kong \u2014 Bloomberg Media Group today announced the formation<br \/>\nof Bloomberg TV Mongolia, a new Bloomberg Television channel in<br \/>\npartnership with The Trade &amp; Development Bank of Mongolia (TDB),<br \/>\nthe oldest and one of the largest banks in Mongolia. Bloomberg<br \/>\nTV Mongolia, scheduled to launch in March 2012, targets a fast-<br \/>\ndeveloping region in Asia, with one of the best-performing stock<br \/>\nmarkets in the region and an economy driven by growth in<br \/>\ncommodities and exports to China.<\/p>\n<p>\u201cBloomberg TV Mongolia is the first business and financial news<br \/>\nnetwork targeted at this rising new market in Asia,\u201d said Gary<br \/>\nGroenheim, Commercial Director of Bloomberg Television, Asia-<br \/>\nPacific. \u201cWe\u2019re pleased to partner with TDB to offer the local<br \/>\npopulation better access to international business news, as well<br \/>\nas serve business travelers as Mongolia continues to play a<br \/>\ngreater role in global trade and exports to China.\u201d<\/p>\n<p>\u201cMongolia is a booming and developing economy. Bloomberg TV<br \/>\nMongolia will target the political decision makers and business<br \/>\nleaders of Mongolia with essential and accurate news, data and<br \/>\nanalytics. As all Mongolians now own shares in the Tavan Tolgoi<br \/>\nMining Project, the channel will be a valuable new education<br \/>\nsource.\u201d said Randolph Koppa, President of TDB. \u201cToday, TDB<br \/>\nintroduces a new era of media to Mongolia. With its partner,<br \/>\nBloomberg Media Group, TDB will present a powerful combination<br \/>\nof expertise and knowledge of the local economy with global<br \/>\nbusiness and financial insight.\u201d<\/p>\n<p>Bloomberg TV Mongolia will offer a mix of locally produced,<br \/>\nlocal language content as well as English language news from<br \/>\nBloomberg Television, the 24-hour global business and economic<br \/>\nnews network available in over 270 million homes worldwide. The<br \/>\nnetwork will be headquartered in Ulan Bator.<\/p>\n<p>The only truly global business news network with hubs in New<br \/>\nYork, London and Hong Kong, Bloomberg Television covers business<br \/>\nand financial news, markets and economic events worldwide.<br \/>\nTrade &amp; Development Bank of Mongolia is a leading bank in the<br \/>\ncountry and the oldest commercial bank in Mongolia, established<br \/>\nin 1990 and fully privatized in 2002.<\/p>\n<p>About Bloomberg<br \/>\nBloomberg, the global business and financial information and<br \/>\nnews leader, gives influential decision makers a critical edge<br \/>\nby connecting them to a dynamic network of information, people<br \/>\nand ideas. The company\u2019s strength \u2013 delivering data, news and<br \/>\nanalytics through innovative technology, quickly and accurately<br \/>\n\u2013 is at the core of the Bloomberg Professional service, which<br \/>\nprovides real time financial information to more than 310,000<br \/>\nsubscribers globally. Bloomberg\u2019s enterprise solutions build on<br \/>\nthe company\u2019s core strength, leveraging technology to allow<br \/>\ncustomers to access, integrate, distribute and manage data and<br \/>\ninformation across organizations more efficiently and<br \/>\neffectively. Through Bloomberg Law, Bloomberg Government, BNA<br \/>\nand Bloomberg New Energy Finance, the company provides data,<br \/>\nnews and analytics to decision makers in industries beyond<br \/>\nfinance. And Bloomberg News, delivered through the Bloomberg<br \/>\nProfessional service, television, radio, mobile, the Internet<br \/>\nand two magazines, Bloomberg Businessweek and Bloomberg Markets,<br \/>\ncovers the world with more than 2,300 news and multimedia<br \/>\nprofessionals at 146 bureaus in 72 countries. Headquartered in<br \/>\nNew York, Bloomberg employs more than 15,000 people in 192<br \/>\nlocations around the world.<\/p>\n<p>About Trade &amp; Development Bank of Mongolia<br \/>\nTDB, with its leading position in universal banking, offers a<br \/>\nfull range of services, including large corporate, SME and<br \/>\nretail lending and acts as a primary lender to most of the<br \/>\ncountry\u2019s leading corporations. The Bank has consolidated its<br \/>\nmarket-leading position in the handling of international trade<br \/>\nfinance and remittance, with access to credit lines from major<br \/>\ninternational lenders and correspondent banking relationships<br \/>\nwith over 150 international financial institutions. TDB offers<br \/>\nover 100 types of international standard banking products and<br \/>\nhas about 1000 highly qualified staff providing personal<br \/>\nattention and user friendly banking services through a network<br \/>\nof 43 branches and settlement centers. TDB is undoubtedly the<br \/>\nmajor player in the financial and banking markets as well as a<br \/>\nmajor innovator of the Mongolian financial sector. In 2004, TDB<br \/>\nwas the first bank in the country to receive the investment from<br \/>\nthe Asian Development Bank (ADB) and International Finance<br \/>\nCorporation (IFC). In 2006 TDB became the first commercial bank<br \/>\nin Mongolia rated by Moody\u2019s Investors Service. The Bank<br \/>\ncontinuously increases its income figures and asset size.<\/p>\n<p>Contact for Bloomberg:<\/p>\n<p>Amanda Cowie, +1 212-617-1689, <a title=\"send_email_link\" href=\"mailto:acowie@bloomberg.net\">acowie@bloomberg.net<\/a><\/p>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Business and Financial News Channel Targets Fast-Developing<br \/>\nRegion in Asia <\/p>\n","protected":false},"featured_media":0,"template":"","format":"standard","categories":[77],"press_tag":[79],"class_list":["post-4944","press","type-press","status-publish","format-standard","hentry","category-bloomberg-media","press_tag-press-announcements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bloomberg Announces Formation of Bloomberg TV Mongolia | Press | Bloomberg LP<\/title>\n<meta name=\"description\" content=\"Business and Financial News 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