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 five or fewer banks).[2]

Central bank

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 Mongolia tdbm.mn
Golomt Bank 6 March 1995 Golomt Financial Group Mongolia golomtbank.com
XacBank 2001 TenGer Financial Group Mongolia xacbank.mn
Khan Bank 1991 Sawada Holdings Japan khanbank.com
Capitron Bank 2001 Ajnai Corporation Mongolia capitronbank.mn
National Investment Bank of Mongolia NIBank 2006 Dolgorsürengiin Dagvadorj Mongolia nibank.mn
Chinggis Khaan Bank CKBank 2001 New Standard Finance Mongolia ckbank.mn
Credit Bank Mongolia creditbank.mn
Trans Bank 27 October 2016 P. Radnaabazar Mongolia transbank.mn
Arig Bank 1997 Nomin Holding Mongolia arigbank.mn
Bogd Bank 2014 Bodi Capital Mongolia bogdbank.com
M bank Mongolia https://m-bank.mn/

References

  1. ^ "SUPERVISION THE BANKING ACTIVITIES". Bank of Mongolia. Retrieved 2021-10-30.
  2. ^ "5-Bank Asset Concentration for Mongolia (DDOI06MNA156NWDB)". FRED Economic Data, St. Louis Fed. 2023-07-24. Retrieved 2023-07-24.
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