TransBank was established in 1997 and is now in its 28th year of stable operations within Mongolia’s banking and financial system. It is the country’s first private bank to offer services that meet international standards.

In 2016, the bank underwent a transformation when its shareholders were renewed, and it became a 100% Mongolian-owned institution, marking the beginning of a new era in its history.

In 2021, following amendments to the Law on Banks and the Law on Companies, TransBank and Credit Bank merged on July 27 with approval from the Bank of Mongolia, expanding its operations significantly.

In 2020, TransBank became the second bank to increase its paid-up capital to MNT 100 billion and was recognized for its sustainable financing practices, winning awards such as'Best TSO” and'Socially Responsible Bank” from AsiaMoney magazine.

In line with amendments to the Law on Banks in 2021, TransBank submitted its plan to become a joint-stock company to the Bank of Mongolia and the Financial Regulatory Commission. In 2022, the plan was approved, and TransBank officially became a joint-stock company. Today, the bank continues to grow, offering comprehensive financial services to customers through its 13 branches.

As a forward-thinking leader in the industry, TransBank strives to be a trusted financial partner for its customers, valuing mutual success. The bank prioritizes customer-centric services, using advanced technologies and international banking practices to ensure transparent and sustainable operations.