The Central Bank of Mongolia and Deutsche Bundesbank jointly held a training workshop on the Supervisory Review and Evaluation Process (SREP) from Oct. 27 to 29, 2026, for staff from the Mongolian central bank’s Banking Supervision Department. The workshop focused on assessing banks’ risks and business models, supervisory assessment methods and emerging challenges in the banking sector. Bundesbank experts responsible for SREP and Joint Supervisory Teams led the training. Participants exchanged expertise on risk-based supervision, drawing on international best practices and practical case studies. The workshop took place under a memorandum of understanding signed by the two central banks on Oct. 21, 2026. Further cooperation under the agreement will focus on developing supervisory staff’s professional skills and the banking supervision framework in line with international standards.