List of banks in Mongolia
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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
- 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 | 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
- ↑ "SUPERVISION THE BANKING ACTIVITIES". Bank of Mongolia. Retrieved 2021-10-30.
- ↑ "5-Bank Asset Concentration for Mongolia (DDOI06MNA156NWDB)". FRED Economic Data, St. Louis Fed. 2023-07-24. Retrieved 2023-07-24.