List of banks in Mongolia
The list of banks in Mongolia includes:[1]
Assets of banks in Mongolia are highly concentrated (100% of assets held by 5 or fewer banks).[2]
Central bank
- Bank of Mongolia (Mongolbank)
State-owned banks
Name | Abbv. | Established | Website |
---|---|---|---|
State Bank | 23 November 2009 | statebank.mn | |
Development Bank of Mongolia | DBM | 2011 | dbm.mn |
Commercial banks
As of 2023, Mongolia has 13 operational commercial banks.
Name | Abbv. | Established | Majority owner | Capital | Website |
---|---|---|---|---|---|
Trade and Development Bank | TDB | October 1990 | Globull Investment & Development | tdbm.mn | |
Golomt Bank | 6 March 1995 | Golomt Financial Group | golomtbank.com | ||
XacBank | 2001 | TenGer Financial Group | xacbank.mn | ||
Khan Bank | 1991 | Sawada Holdings | khanbank.com | ||
Capitron Bank | 2001 | Ajnai Corporation | capitronbank.mn | ||
National Investment Bank of Mongolia | NIBank | 2006 | Dolgorsürengiin Dagvadorj | nibank.mn | |
Chinggis Khaan Bank | CKBank | 2001 | New Standard Finance | ckbank.mn | |
Credit Bank | creditbank.mn | ||||
Trans Bank | 27 October 2016 | P. Radnaabazar | transbank.mn | ||
Arig Bank | 1997 | Nomin Holding | arigbank.mn | ||
Bogd Bank | 2014 | Bodi Capital | bogdbank.com | ||
M bank | https://m-bank.mn/ |
References
- Financial Sector Structure and authorities responsible for financial stability
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