Categories
Bank's history and highlights

2019.12

The Bank was awarded the “Best SME supporting bank” by the Asia Money magazine.

Categories
Bank's history and highlights

2019.05

The Bank published its 2018 year-end independent audited report by KPMG, one of the largest audit firms. The Bank also became a member of the Mongolian Securities Dealers Association.

Categories
Bank's history and highlights

2018.12

The Bank systematically increased its equity, reaching MNT 78 billion, making the Bank the 7th largest bank in terms of equity.

Categories
Bank's history and highlights

2018.08

International Accounting Principles 9, 15 and 16 were introduced to the Bank in their entirety.

Categories
Bank's history and highlights

2018.01

The Bank successfully passed the “Asset Quality Review” test organized by the Government of Mongolia and IMF.

Categories
Bank's history and highlights

2017.10

The Bank issued its first loan after the acquisition.

Categories
Bank's history and highlights

2016.10

The Bank went through 100% shareholder changes and has become fully owned by Mongolian shareholders.