Mongol Post

Mongol Post (Mongolian: Монгол Шуудан) is the national postal service of Mongolia.[1] The formerly state-owned Mongol Post was transformed into a joint stock company on April 11, 2016, by offering 34 percent of the total shares to the public. It was founded by the Mongolian People's Republic in 1935 and went under several different names before its current structure was established in 1994.[2] The Mongol Post JSC is charge of postal services, delivery and issuing of postage stamps. The headquarters are in Ulaanbaatar, and the company employs over 900 people and has over 389 post offices. [1]

Mongol Post
TypeJoint-stock company
IndustryPostal services, courier
Founded1 November 1994 (1 November 1994)
Headquarters
Ulaanbaatar
,
Mongolia
Area served
Mongolia
ServicesLetter post, parcel service, delivery, EMS, logistics
Revenue10.8 billion tugrik annual report 2016
Number of employees
900 (2016)
Websitemongolpost.mn

Services
Central Post Office in Ulaanbaatar, Mongolia

The company is charged with providing the following postal and communication services at the pot offices.[1][3]

  • Basic postal services (handling and delivering mail and parcels)
  • Additional postal services (registered mail, customer pick-up, P.O. box, logistics, sales of postal products such as postcard, envelope, stamps)
  • International postal services
  • Express Mail Services (EMS)
  • Postal Insurance

Of Mongolia's 3 million inhabitants, 30% are nomadic, and 61% of Ulaanbaatar's population live in informal settlements.[4] This population had "no consistent addressing system" until May 2016 when Mongol Post started using a geocoding system provided by what3words.[5][6]

History

The modern postal system of Mongolia started with the establishment of a state committee for post and telegraph by the Mongolian People's Republic. From 1935 the postal system had a succession of names commencing as the 'City Post Committee', including 'Central Post', 'Telegraph, Post and Communication Office', until 2002 when finally renamed Mongol Post.[2]

The 'Mongol Post Bank', a private bank that operated from 1994 to 2009, was never related to the 'Mongol Post' organisation.[7]

International postal service

For international mail, as of 2020, the following postal rates apply:[8]

  • postcard — 3000 tugriks;
  • a letter weighing up to 20 g — 3200 tugriks;
  • package (for 1 kg) — from 18 to 32 US dollars;
  • depending on the country of destination.

Express mail is available to a limited number of foreign countries. At the same time, the postal fee for 1 kg of a parcel ranges from $29 to $48, depending on the country of destination.

In addition to the official postal operator, the following express delivery services operate in Mongolia:[8][9][10]

  • EMS;
  • DHL;
  • TNT etc.

Mongol Shuudan Bank

In 1993, the Post Bank of Mongolia (Mongol. Mongol Shuudan Bank, English Mongol Post Bank) was established.[11] However, by the second half of the 2000s, he had large tax debts to the state.[12] In 2009, a decision was made to merge this financial and credit institution with the Savings Bank of Mongolia (Mong. Khadgalamzhiin Bank, English Savings Bank), which was successfully completed in 2010.[13]

See also

References
  1. "About Us".
  2. "Outline of history". Mongol Post. 23 May 2016. Retrieved 19 June 2016.
  3. "Бүтээгдэхүүн, Үйлчилгээ". MongolPost.mn. Монгол Шууудан ХК. Retrieved 14 March 2017.
  4. Engel, David (2015). "Ulaanbaatar's GerDistrict Issues: Changes and Attitudes". School for International Training. Retrieved 20 June 2016.
  5. "Mongol Post adopts what3words as national addressing system". Mongol Post. 23 May 2016. Archived from the original on 9 August 2016. Retrieved 19 June 2016.
  6. McDaniel, Eric (19 June 2016). "Welcome To Mongolia's New Postal System: An Atlas Of Random Words". NPR. Retrieved 20 June 2016.
  7. Myong, Ho Shin (2001). Report and recommendation of the president to the Board of Directors on a proposed loan to Mongolia for the housing finance (sector) project. Asian Development Bank.
  8. "Postal Services". Travel Guide. Mongolia Travel Guide. 9 December 2008. Archived from the original on 10 July 2010. Retrieved 29 October 2010.
  9. "EMS Express Mail Service". Living Guide. Mongolia Travel Guide. Archived from the original on 14 February 2009. Retrieved 29 October 2010.
  10. "Шуудан". Байгууллагууд (in Mongolian). Холбоо.mn; Даяар Групп ХХК. Archived from the original on 4 September 2011. Retrieved 30 October 2010.
  11. "Mongol Post Bank". Banks. MongolianBanks.com — Mongolian Bank Web Directory. Archived from the original on 9 May 2012. Retrieved 30 October 2010.
  12. Bulgamaa B (15 November 2007). "Mongol Post Owes Tg360m in Tax". Economics. The UB Post-Mongolia's Independent English Newspaper. Retrieved 30 October 2010.
  13. "Bank introduction". About us. www.savingsbank.mn; Savings Bank. Archived from the original on 5 November 2010. Retrieved 30 October 2010.
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