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The State bank ( Mongolian: Төрийн банк, romanized : Töriin Bank) was established by government of Mongolia from the assets of 2 failed banks, Anod Bank and Zoos Bank, of Mongolia in November 24, 2009. [1] It has about 201 to 500 employees. [2] In July 2013, the government of Mongolia combined the 5th-largest bank, Savings Bank, with ...
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 ...
Other lesser banks are: M-Bank, State bank, Capitron Bank, Arig Bank, Bogd Bank, and Chinggis Bank. In terms of access to credit, Mongolia ranked 61st out of 189 economies in accordance with 2015 Ease of Doing Business survey. [38] However, Mongolia had one of the highest banking branch penetration rates in the world at 1 bank branch per 15,257 ...
Website. tdbm.mn. The Trade and Development Bank (TDB) of Mongolia (Mongolian: Худалдаа Хөгжлийн Банк, Khudaldaa Khögzhliĭn Bank) is a commercial bank located in Ulaanbaatar. It is the oldest, as well as one of the largest banks in Mongolia. [1] It was founded in October 1990 and currently has a total of 97 branches ...
The State bank: Financials Banks Ulaanbaatar: 2009 State-owned commercial bank, former Zoos bank UFC Group: Consumer goods Food products Ulaanbaatar: 1942 Food and beverage company Unitel (Mongolia) Telecommunications Mobile telecommunications Ulaanbaatar: 2005 Mobile XacBank: Financials Banks Ulaanbaatar: 2001 Community development bank Zoos ...
The Mongolian Bankers Association [1] ( MBA) is an independent, non-profit, and non-government organization under which the banking and non-banking financial institutions officially licensed to operate within the territory of Mongolia are unified. The role of the MBA is to represent the interests of the banking sector and serve its members as a ...
The national bank of Mongolia (Mongolbank) was founded in June 1924 as the Mongolian Trade and Industry Bank, which held yanchaan (silver dollars). In December 1925, it began issuing Mongolia's own currency, the tögrög ('round'), in silver coins of one tögrög subdivided into möngö. It became the sole legal currency in 1928.
The Development Bank of Mongolia (DBM; Mongolian: Монгол улсын хөгжлийн банк) is a state-owned bank headquartered in Sükhbaatar, Ulaanbaatar, Mongolia. History [ edit ] The government of Mongolia initiated the establishment of the bank on 20 July 2010 and approved by the parliament on 10 February 2011.