Fitch Ratings credit rating agency
On September 3, 2025, Fitch Ratings assigned TransBank its first-time credit rating with a Stable Outlook.
In its report, Fitch highlighted that TransBank’s loan portfolio grew by 20% in the first half of 2025, reflecting strong expansion above the industry average. The Bank’s capital adequacy ratio stood at 21%, exceeding the regulatory minimum of 12% by 9 percent, demonstrating solid risk-bearing capacity.
TransBank had been rated by Moody’s Investors Service since 2018, up until 2025, the Bank is now rated by Fitch Ratings, with its credit outlook showing an improved assessment.
Fitch also assigned a Short-Term Issuer Default Rating of ‘B’, which is in line with the systematically important commercial banks, underscoring the Bank’s ability to compete in international markets.
According to Fitch, Mongolia’s medium-term economic growth trend provides a favorable operating environment for the banking sector overall.
Through this rating, TransBank is further strengthening its position in both domestic and international markets, while continuing to uphold the trust of its customers and partner institutions.
Credit Ratings
Sep 03, 2025
| Outlook | Stable |
| Long-Term Issuer Default Rating | В- |
| Short-Term Issuer Default Rating | B |
| Viability Rating | b- |
